Course Description
Fundamental concepts, methods, and political/administrative processes of public sector budgeting in the United States (with a special emphasis on state and local jurisdictions).
Course Credits: 3
Prerequisites: None
Student Learning Outcomes
By the end of this course, you will be able to:
- Describe this nation’s intergovernmental fiscal structure and its impact on budgetary decision-making.
- Identify and compare the four basic components of the budget cycle.
- Perform certain key tasks involved in formulating, reviewing, and implementing a public budget (e.g., formulating/reviewing a new needs expenditure request, conducting a budget variance analysis).
- Design performance indicator systems that relate resource use to results accounting for political and technical feasibility.
- Describe and analyze the major revenue-raising sources used to support public sector activities (e.g., income taxes, property taxes, sales taxes, long-term debt, user charges).