Write a 700- to 1,050-word summary explaining the agency’s budget strategies and policies and how the agency’s governing policies determine budget administration.   Include the following details in your summary:   Governing Policies: Governing policies help an organization develop and implement procedures or policies that result in efficient, consistent operations. Summarize the published mission of the agency. Summarize 1–2 governing policies related to the agency’s mission. Explain how the policy/policies support the agency’s mission.   Strategic Plan: Organizations use strategic plans to define present and future vision, goals, and objectives. Summarize 2–3 primary goals and objectives outlined in the agency’s strategic plan. Explain how the goals and objectives align with the agency’s mission.   Public Sector Funding: Most criminal justice organizations are funded by government entities; these funds are often determined by economic factors. Describe 2–3 programs or initiatives that are funded by the agency budget. Include costs associated with each. Describe the various sources of budget revenue used to fund the programs or initiatives. Be sure to differentiate between local, state, and federal revenue as well as private donations. Of the sources you identified, specify the type of public funds used to support the programs or initiatives (e.g., sales tax, property tax, income tax, grant funds, donations). Describe how changes in economic conditions could potentially affect these funds. Identify policies that direct the use of these funds.   Fiscal Responsibility: Ongoing review of income and expenses is essential to budget management. Identify policies that govern how the agency ensures accountability and transparency in reporting the budget to constituents.  Explain how the agency reports outcomes related to the mission and budget.   Conclusion: Conclude with a paragraph summarizing the effectiveness of the budgeting process within the agency.   Provide a link to the website of the agency and the budget you reviewed.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Imagine your local city council has asked the New York City Department to provide the budget summary at the next town hall. The city council wants to understand how your budget is developed and managed. 

 

Write a 700- to 1,050-word summary explaining the agency’s budget strategies and policies and how the agency’s governing policies determine budget administration.

 

Include the following details in your summary:

 

Governing Policies: Governing policies help an organization develop and implement procedures or policies that result in efficient, consistent operations.

  • Summarize the published mission of the agency.
  • Summarize 1–2 governing policies related to the agency’s mission.
  • Explain how the policy/policies support the agency’s mission.

 

Strategic Plan: Organizations use strategic plans to define present and future vision, goals, and objectives.

  • Summarize 2–3 primary goals and objectives outlined in the agency’s strategic plan.
  • Explain how the goals and objectives align with the agency’s mission.

 

Public Sector Funding: Most criminal justice organizations are funded by government entities; these funds are often determined by economic factors.

  • Describe 2–3 programs or initiatives that are funded by the agency budget. Include costs associated with each.
  • Describe the various sources of budget revenue used to fund the programs or initiatives. Be sure to differentiate between local, state, and federal revenue as well as private donations.
  • Of the sources you identified, specify the type of public funds used to support the programs or initiatives (e.g., sales tax, property tax, income tax, grant funds, donations).
  • Describe how changes in economic conditions could potentially affect these funds.
  • Identify policies that direct the use of these funds.

 

Fiscal Responsibility: Ongoing review of income and expenses is essential to budget management.

  • Identify policies that govern how the agency ensures accountability and transparency in reporting the budget to constituents. 
  • Explain how the agency reports outcomes related to the mission and budget.

 

Conclusion:

  • Conclude with a paragraph summarizing the effectiveness of the budgeting process within the agency.

 

Provide a link to the website of the agency and the budget you reviewed.

 

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON