Summer 2023
Public Sector Budgeting focuses on the theory and pragmatic practice that relate to budgeting within the public sector. The course highlights the main components of public budgeting that revolve around revenue, process, expenditure, balancing, and implementation. In addition, the course touches on ethics as it relates to the budget.
The course gives students pragmatic information on how to review, translate, and comprehend a public budget. This is crucial because as Dr. Carter points out, “all good public administrators are good budgeters.” Indeed, this is evident because policy is meaningless unless it is attached to some funding mechanism.
This course relates to all public administration courses because any public sector apparatus operates because of a budget that is funded by the taxpayers. Thus, all public policy and structures involve the budget in some fashion.
Comprehending that public budgets are transparent and that each core component of the process is in a public fishbowl. Which holds that the constituency on some level or another is going to be involved in the process. Indeed, this complicates the budget process and makes it different than private budgets.
This memo discusses federal fiscal issues related to income inequality and the concentration of wealth and political power in corporate America. The memo highlights how this concentration of money can lead to civil unrest and addresses the false arguments of a "free market" versus government and regulation versus deregulation. It emphasizes the interconnectedness of the government and the economy, debunking the myth of a separate free market. The memo offers recommendations to address these issues, including overturning Citizens United, increasing citizen involvement in politics, and creating balanced regulations. It concludes by stressing the importance of educating the public about the government's role in shaping the economy and distributing wealth.
This memo discusses the challenges of Truth-in-Taxation laws, which aim to limit property tax increases in local governments in the United States. The memo highlights the importance of property taxes as a significant source of revenue for local governments and funding for public services. It explains how Truth-in-Taxation laws were introduced to make taxpayers aware of tax hikes and involve them in the decision-making process. The memo identifies the negative impacts of these laws, such as decreased government autonomy, lengthy approval procedures, and insufficient funding for services.
In this discussion, Joel Ontiveros talks about the capital budget in the City of St. George, Utah, for the fiscal year 2021-2022. The capital budget represents 30.2% of the total budget and includes funds for acquiring, constructing, and improving major capital facilities. One of the capital expenditures in the budget is a new city hall, initially proposed as a renovation but later decided as a new build. Some citizens raised concerns about the $14 million price tag, which eventually increased to $35 million in the next budget. Despite the recent pandemic, the city justifies the need for new facilities due to population growth and strains on infrastructure. Additionally, the city has a total bonded debt of almost $100 million, with a portion backed by the city's full faith and credit, and the rest secured by specific revenue sources.