For Assignments 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
Assignment 3: Presenting the Budget
Due Week 8 and worth 225 points
Refer the Scenario for Assignments 1–5. Prepare the financial plan and budget justification proposal.
The agency is contracted to work with New York City on several capital projects. To proceed with negotiations, an analysis of the city’s financial documents must be considered. Review the New York City Financial Plan, located at http://www.nyc.gov/html/omb/downloads/pdf/fp6_12.pdf, to answer questions listed. (Title this section “New York City Financial Plan”)
a) The agency proposes $500,000 over a three (3) year period beginning FY2013 to be included in the State Categorical Grants for the Department of Social Services to provide hands-on job training workshops in office administration, security, construction, and apartment maintenance.
b) Use Figure 7.2, Budget Justification, in Chapter 7 (pages 114-115) as an example.
Your assignment must follow these formatting requirements:
The specific course learning outcomes associated with this assignment are: