Summary to essay on topic "CITY BUDGET ANALYSIS OF AVALON, CA"
Formed by a duly adopted and passed Ordinance No 478, City of Avalon is famous for its summertime beaches and harbors, Avalon also boasts of its tourist-oriented businesses scattered along its coastlines. Other destinations also abound which include forest and hill trails surrounding the city…
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7.3 km of which (2.8 mi) is land and 0.9 km (0.3 mi) of the area (10.48%) is water (U.S. Census Bureau 2000).
The process of preparing and presenting a budget for approval and adoption by the Council administration takes various steps. A proper estimate of the available resources with the estimated amounts and the purposes for which the funds are to be deployed effectively are the main considerations for the preparation of any budget. Let us write or edit the essay on your topic "CITY BUDGET ANALYSIS OF AVALON, CA" with a personal 20% discount.. Try it now The formal budgetary process encompasses a structure involving the following essential components:
The complexity of the budget review process depends on the size of the council for which the budget is being prepared. In some cases the budget responsibilities would be assigned to a chief executive officer for reviewing the requests and present them to the elected board for approval. When the unit is large there may be a separate budget office functioning within the council. In even larger City councils apart from the review by the budgetary office departmental budgets would be prepared and reviewed for appropriate provisions in respect of the individual departments. In the case of the City of Avalon, the City Manager and his office will be responsible for the preparation and presentation of the budget for the approval of the elected council members.
Being a small town, there is no necessity to follow an elaborate budgetary process. The process broadly will follow the procedure outlined above and will be reviewed by the elected council members themselves for approval and adoption.
3.0 Strategic Goals and Key Performance Indicators:
The administration of the City Councils has become the function of the elected representatives as well as the appointed officials who have to operate in unison with each other's ideas. If they start to function in tangential directions, it will be detrimental to the well being of the city dwellers, as no welfare measures can be undertaken without the concerted action of both these bodies. In order that the mission, vision and value of the city can be accomplished in all intent it is important to adopt certain strategic planning measures encompassing the performance of the city council or the county board as the case may be. Like in any other profit centered organization, the strategic planning helps setting the direction of the council and with the set directions, the elected street-level bureaucrats are motivated to perform at their best efficiency levels to organize the functions and activities of the Council in the direction of the welfare of the people of the City. Establishment of long-term objectives and goals are an essential pre-requisite of any strategic planning. Once the broader goals are established it becomes easier to break down them into smaller performance targets to be achieved by the appointed officials and the representatives.
Just as in the case of private organizations strategic goals in respect of
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This study focused to the budget analysis of RDBS Corporation. RDBS Corporation creates a mixture of plastic products. The industry starts the annual budgeting method in late December, when the controlling director targets the whole pound sales and net income before taxes for the coming year.
The process of budget preparation is often complex as it requires inclusion of various aspects of the financial nature an organization. Budgets are mostly prepared during the late periods of a given financial year in order to depict the costs of the intended programs by the planning committees of given organizations The main aim of this paper is to answer questions of what factors and consideration are taken into account while preparing a budget and future prospects of the 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.
In supporting these programs, the state government provide budget that caters for the intended program. The budgeting is usually done procedurally. Nonetheless, for the education programs, budget is usually provided per pupil. The funding is usually for the pupils from kindergarten through to grade 12 (Leachman and Ma 01).
In addition, large apartment complexes, inns and hotels can also be seen around the city (Avalon City Council 2006). Avalon's total area, according to the United States Census Bureau (2000) is 8.2 km (3.2 mi). 7.3 km of which (2.8 mi) is land and 0.9 km (0.3 mi) of the area (10.48%) is water (U.S.
The paper tells that the current year’s expenses will increase due to increasing cost of living. This understanding is important in incorporating the new changes that need to be included in the current budget forecast. The acknowledgment of the need to identify varying revenue sources benefits the future budgets by making them progressive.