Question
Using one set of factors (environmental or financial) used to determine financial solvency, analyze the financial condition of a municipality or county in your local
Using one set of factors (environmental or financial) used to determine financial solvency, analyze the financial condition of a municipality or county in your local area (identify the factors that you are using as well as the city). Your analysis should focus on the condition of the city, not an agency within the city. Your trend analysis must use at least five years of data. Hence, you will need budgets for at least five years for the city that you have chosen and be familiar with financial or environmental trends in the city. It is not possible to examine each characteristic, so limit your table or graph, etc. to four key financial or economic factors.
Based on your analysis of the information you gathered:
- Create a table with each factor indicating the direction of the trend.
- Create four graphs, tables, etc. examining the factors that require more analysis.
- Write a brief evaluation of the factors and develop a policy statement based on your findings.
- Prepare a revenue management plan for the city you are analyzing based on the information available.
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