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Local Budget Analysis
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Also I live in San Antonio, Texas
Considering the budget needs to be from there
You are to preparing for a challenging City Council Meeting. You need to be able to give the other council members and mayor an accurate “city of affairs” to make sure significant cuts can be made in the appropriate areas, and other critical areas can continue to be funded.Using your local cities 2015-2016 budgets, analyze the financial plan to respond to the following questions in a two- to three-page paper:
1. Based on the review of your city’s Financial Plan: What is the fastest-growing category of expenditures during the planning period? Justify the answer with examples.
2. What percentage of your city’s revenue comes from the general property tax? How much is this tax growing in each year of the financial plan? Justify the answer with examples.
3. Evaluate the existing capacity of refunding or reorganizing existing debt organizations.
4. Analyze the various funding alternatives that can be used to support debt obligations.
Your assignment must follow these formatting requirements:
· Include an abstract and conclusion that you will name (Budget Summary), and attach the budget summary as an Appendix.
· Include the URL of the location of your city’s financial plan and any other documentation you used for your budget summary.
· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
· Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA. Check with your professor for any additional instructions.
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Points: 200
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Assignment 3: Preparing the Audit Analysis
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Criteria
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Unacceptable
Below 70% F
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Fair
70-79% C
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Proficient
80-89% B
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Exemplary
90-100% A
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1. Discuss Question 1: What is the fastest-growing category of expenditures during the planning period? Justify the answer with examples.
Weight: 20%
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Did not submit or incompletely discussed Question 1: What is the fastest-growing category of expenditures during the planning period? Did not submit or incompletely justified the answer with examples.
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Partially discussed Question 1: What is the fastest-growing category of expenditures during the planning period? Partially justified the answer with examples.
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Satisfactorily discussed Question 1: What is the fastest-growing category of expenditures during the planning period? Satisfactorily justified the answer with examples.
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Thoroughly discussed Question 1: What is the fastest-growing category of expenditures during the planning period? Thoroughly justified the answer with examples.
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2. Discuss Question 2: What percentage of (your local city) revenue comes from the general property tax? How much is this tax growing in each year of the financial plan? Justify the answer with examples.
Weight: 20%
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Did not submit or incompletely discussed Question 2: What percentage of (your local city) revenue comes from the general property tax? How much is this tax growing in each year of the financial plan? Did not submit or incompletely justified the answer with examples.
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Partially discussed Question 2: What percentage of (your local city) revenue comes from the general property tax? How much is this tax growing in each year of the financial plan? Partially justified the answer with examples.
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Satisfactorily discussed Question 2: What percentage of (your local city) revenue comes from the general property tax? How much is this tax growing in each year of the financial plan? Satisfactorily justified the answer with examples.
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Thoroughly discussed Question 2: What percentage of (your local city) revenue comes from the general property tax? How much is this tax growing in each year of the financial plan? Thoroughly justified the answer with examples.
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3. Discuss Question 3: Evaluate the existing capacity of refunding or reorganizing existing debt organizations.
Weight: 20%
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Did not submit or incompletely discussed Question 3: Evaluate the existing capacity of refunding or reorganizing existing debt organizations.
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Partially discussed Question 3: Evaluate the existing capacity of refunding or reorganizing existing debt organizations.
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Satisfactorily discussed Question 3: Evaluate the existing capacity of refunding or reorganizing existing debt organizations.
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Thoroughly discussed Question 3: Evaluate the existing capacity of refunding or reorganizing existing debt organizations.
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4. Discuss Question 4: Analyze the various funding alternatives that can be used to support debt obligations.
Weight: 25%
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Did not submit or incompletely discussed Question 4: Analyze the various funding alternatives that can be used to support debt obligations.
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Partially discussed Question 4: Analyze the various funding alternatives that can be used to support debt obligations.
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Satisfactorily discussed Question 4: Analyze the various funding alternatives that can be used to support debt obligations.
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Thoroughly discussed Question 4: Analyze the various funding alternatives that can be used to support debt obligations.
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5. Provide names and URLs of the Websites for the state’s budget(s) analyzed and any other government Websites used to support the assignment’s criteria.
Weight: 5%
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No references provided
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Does not meet the required number of references; some or all references poor quality choices.
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Meets number of required references; all references high quality choices.
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Exceeds number of required references; all references high quality choices.
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6. Clarity, writing mechanics, and formatting requirements
Weight: 10%
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More than six errors present
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Five to six errors present
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Three to four errors present
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Zero to two errors present
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