Evaluate how the budget cycle differs in periods of economic prosperity compared to downturns, with an emphasis on theoretical underpinnings and practical implications. Provide a detailed analysis using a public sector organization from your home state as a case study, including specific budget figures, fiscal strategies employed, and outcomes achieved.

A Substantive Post is a scholarly, substantial, factual, and verified written response that captures the essence of the theories under consideration for the course topic. A substantive response is alsocharacterized by reflecting critical thought and understanding course materials coupled with some correlation to actual real-world experiences. Grammar and spelling errors may impact the grading.You are expected to cite your sources, INCLUDING any used in your DQ responses.