For this assignment, select a government entity of your choice, such as a town or community, and develop two deliverables – a paper and a video overview that explain how the organization conducts its budget process.
Be sure to include the following in your paper:
· Statements of mission, values, policy goals, and objectives
· Process steps and milestones
· Revenue sources, including usage charges and fees
· Budget lines and fund accounting principles
· Clients and groups (also referred to as “stakeholders”) and interest groups
· Organizational charts, or if none are available, the titles and role descriptions of the individuals in charge of the budget process
Data may be collected through government documents, newspaper articles or videos, peer-reviewed research papers, legislative hearings of executive statements, and other official records.
Conclude your paper with a personal assessment of the effectiveness of the governmental body’s approach to budget management about public satisfaction, professional accounting, and budgetary standards.