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This is for the state Maryland. Budget Format and Information Management. In this section you should describe the existing budget format and discuss what effects
This is for the state Maryland.
Budget Format and Information Management. In this section you should describe the existing budget format and discuss what effects this format seems to have on the budget process and outcomes. This should be no more than 2-2.5 pages. This part of your report should provide the reader with answers to following questions: a. What kind of budget formats does the government use? b. Does the budget currently include performance information? If so, does it appear to be primarily related to workload/activities or results/outcomes? c. Has the government recently used a format different from what it currently uses? d. Does the government effectively evaluate programs? How, and why? e. Does the government have an effective long-term strategy? Why do you think so? Budget Process and Structure. This will be your first major section in this report. It must address the budget process and structure of the budget. This should be no more than 2-2.5 pages. This part of your report should provide the reader with answers to following questions: a. Is the budget annual or biennial? b. What are the major funds that constitute the budget? Hint: Check out the presentation Government_Reporting_Accounting.ppt c. What is the fiscal year? d. Brief description of the process (formulation, consideration, execution, audit). Who does what and when? Hint: Find your state's office responsible for the budget process. In Pennsylvania this office is called Office of the Budget?. e. How tightly controlled are appropriations? For example, do they specify line-item details, or do they give substantial discretion to each unit manager? f. Does the budget include forecasts for future years? What is the forecast period? g. Who is responsible for revenue forecasting? h. To what extent do you find the budget document to be a useful communication tool? i. What forms of public participation occur? What does the government do to stimulate participation? Budget Format and Information Management. In this section you should describe the existing budget format and discuss what effects this format seems to have on the budget process and outcomes. This should be no more than 2-2.5 pages. This part of your report should provide the reader with answers to following questions: a. What kind of budget formats does the government use? b. Does the budget currently include performance information? If so, does it appear to be primarily related to workload/activities or results/outcomes? c. Has the government recently used a format different from what it currently uses? d. Does the government effectively evaluate programs? How, and why? e. Does the government have an effective long-term strategy? Why do you think so? Budget Process and Structure. This will be your first major section in this report. It must address the budget process and structure of the budget. This should be no more than 2-2.5 pages. This part of your report should provide the reader with answers to following questions: a. Is the budget annual or biennial? b. What are the major funds that constitute the budget? Hint: Check out the presentation Government_Reporting_Accounting.ppt c. What is the fiscal year? d. Brief description of the process (formulation, consideration, execution, audit). Who does what and when? Hint: Find your state's office responsible for the budget process. In Pennsylvania this office is called Office of the Budget?. e. How tightly controlled are appropriations? For example, do they specify line-item details, or do they give substantial discretion to each unit manager? f. Does the budget include forecasts for future years? What is the forecast period? g. Who is responsible for revenue forecasting? h. To what extent do you find the budget document to be a useful communication tool? i. What forms of public participation occur? What does the government do to stimulate participationStep by Step Solution
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