As you answer each essay question, in addition to the course readings, you will reference your specific budget and, if necessary, other resources related to your selected budget (i.e., county/city website).
Responses to each of the questions should be approximately 1 – 1 .5 pages single-spaced in length.
REQUIRED: A title page, internal citations, and a reference list.
Questions
1.Describe the framework of your selected budget relative to the federal budget. How are they related in terms of revenues and expenditures? How are they different? Provide specific examples from your budget
2.In terms of economic policy in the United States, describe the difference between fiscal policy and monetary policy. Then describe the relationship of each to your selected budget.
3. Describe various types of financial aid flowing from the federal government to the your selected governmental entity. In addition to direct financial aid, what other intergovernmental devices are employed? How and where is this reflected in your budget? Describe the changes that have been occurring on the intergovernmental fiscal landscape relative to your specific governmental entity and your predictions for future funding. Where possible, provide specific examples from your selected budget.
4. Why are ethical guidelines important in public budgeting and accounting? How are they directly related to your selected budget? Provide examples of some of the major guidelines utilized by government budget offices and identify those that would govern your selected budget. Include at least one example of where these guidelines have been violated (at your selected level of government specifically).
Reference
https://www.elpasotimes.com/story/news/local/el-paso/2021/06/09/early-2022-city-el-paso-473-million-dollar-budget-boosts-police-firefighters-quality-life-spending/7620852002/