Name Instructor Course Date Galveston, Texas Budget The city council of Galveston had to reconsider its spending priorities when it suffered from deadly hurricane Ike. When it came to the deliberations of benefits and pays fro general or civilian employees, the budget planners were reluctant in adjusting the way the city government spend the taxpayer’s money…
Download file to see previous pages...
The budget aims to balance the preference of the community with the reality that sacrifices must be made in order to align the spending of the county’s resources and services. In the employment sector, the county strives to minimize retrenchment by aiming to use early retirement and voluntary distinction of rewards to reduce working staff and align working employees into vacant positions. To achieve this objective, the county is aiming at reducing services and programs and applying general capital or funds reserves in proposition funds. The recommended budget is designed in that it aims to restore structural balance of the following financial year, which is 2012/2013. That implies that the county will spend its means with borrowing from reserves. Policy makers warned that if the county showed some weakness on the way and did not stay on track, then it would continue relying on reserves and at one point in time, it would run short of reserves. To aid close the gap between revenues and expenditures, the county has over time made tremendous development and progress (Hayes 51). Galveston County has: i. Reduced layoffs by eliminating vacant positions ii. Designed new service mechanism that have consolidated departments iii. It has partnered with private and public sectors to enhance safety and other services to operate well iv. It has reduced labor costs by partnering with labor organizations v. It has created various cost savings programs that will see reduction in operation cost while guarding other services, enhanced management and cut down on oil and hotel services. The main incremental approach to the development of Galveston budget is based on the financial difficulties posed by the financial crisis. The budget planners in the city of Galveston consider the revenue growth because increase in revenues can be distributed to the all programs and departments with little controversy. There is possibility of acrimony, though, when distributing revenue decrements during times of revenue decline (Finnkelstein 17). There are several perspectives that the policy makers need to consider when planning for the budget, for instance, by what methods will resources be distributed too services? How and where will the politicians, public, and citizens engaged during the process? Before budgeting, jurisdiction plays a critical role in that it states how the city should invest resources to meet its laid down goals and objectives. Priority assist in articulating why its plans and programs exist, what value and benefit they offer to citizen, what price the inhabitant pay for them, and what goals and citizens preferences they are settling (Finnkelstein 41). Galveston County in Texas has major six priorities, which are expressed as citizen statements: i. Well organized, planned, and developed communities within the county. The policy makers proposed that it was significant to strategize and plan infrastructure in order to maintain quality life of its citizens. ii. Economic vitality in that Galveston County wants to have more industries that will enhance and promote a healthy and sustainable economy that does not burden its citizens. iii. Self-sufficient people and families for the Galveston citizens whereby the community provides variety of opportunities for its citizens to be self-productive and sufficient.
...Download file to see next pagesRead More
Cite this document
(“Galveston TX budget Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Retrieved from https://studentshare.org/history/1393258-galveston-tx-budget
(Galveston TX Budget Essay Example | Topics and Well Written Essays - 2500 Words)
“Galveston TX Budget Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/history/1393258-galveston-tx-budget.
This should be followed by an analysis of what is needed for the coming year and how it will be financed if necessary. Each department should conduct a detailed review of their needs and wants and categorize all of them according to importance. The process is important because it is necessary to make sure a set plan is followed that includes everyone.
Budget Plan Analysis. This document provides a flexible budget for Microsoft Company and further studies growth rate, sales, interest and tax burden of the company. It further analyzes the performance of the company with its peers and competitors. In order to regulate the budget plans the company follows two major types of budget plan.
The storm in question brought waves which as per the calculation of experts was fifteen- feet high. Cited hurricane claimed more than 6,000 lives and number of people wounded. It destroyed badly the major shipping port and forced the businessmen to shift their entire business to a nearby city called Houston.
"The amount of uncertainty varies with the lags between measures and their impact on economic performance, and the volatility of the business environment. This uncertainty notwithstanding, it is critical for firms to draw inferences about economic performance from the kinds of performance they can measure.
As the stresses and pressures of life increase, people desire to escape to a place for relaxation. One such place is an island that offers a warm and fun filled environment away from the cares of the world. The Galveston Island in Texas offers such a relaxed and fun filled coastal experience.
Enforcement is done through “surveillance of known or suspected criminals, conduct undercover investigations into drug organizations, and conduct complicated criminal investigations” (Police, 2004, para. 11). The signing of President Richard Nixon of an Executive Order in
of budget has pointed out that 80% of companies are displeased with the planning and budgeting processes, and they consume almost 20% of all the management time. Attempts to re-engineer the processes were not successful either (Neely, Bourne, & Adams, 2003). This has led to an
Initially, the dam was built to act as a project for flood control. It was completed in the year 1943 and at the time, it was considered as the largest rolled-earth filled dam in the United Staes. It derives its name from a
It is a method of punishment for overwhelming serious criminal acts. According to Guernsey (13), these crimes are known as capital offenses or capital crimes. The death penalty has been practiced in numerous societies. The discussions and debates
3 Pages(750 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Galveston TX budget for FREE!