MPAL6304 Public Budgeting

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).