Scenario for tasks 1-5 for tasks 1-5, you are the new budgeting and finance administrator for your local government agency. your first responsibility is to become familiar with the agency, the budget, programs, and capital projects. as the administrator, you will be responsible for analyzing, examining, proposing, and preparing the agency’s budget for the next five (5) years. note: students cannot use new york city as a selected local government task 1: the operating budget due week 4 and worth 150 points write a four to five (4-5) page paper, titled part i: the operating budget for the (selected agency) in which you separate the content into sections: 1. provide background information about the agency, mission, goals, objectives, departments, and strategic plan. (title this section introduction.) 2. describe the budget of the agency by addressing the following items: (title this section budget overview.) a. financial summary, including revenue and expenditures b. department budgets c. funding d. capital projects e. debt administration 3. perform a cost analysis. (title this section cost analysis.) the costs should include the following: a. fixed costs b. step-fixed costs c. variable costs 4. identify and explain one to two (1-2) challenges you will have in managing the budget. (title this section budget challenges.) 5. recommend two to three (2-3) strategies the agency should review regarding new initiatives and budget cuts over the next five (5) years. (title this section budget recommendations.) 6. include the agency’s most recent budget or financial plan. 7. provide the agency’s website name, url, and any other sources used to support the task’s criteria.