Budget Finance - Research Paper Example

Only on StudentShare

Extract of sample
Budget Finance

The author of the essay "Municipal Budget" makes the deep analysis of New Orleans, Louisiana. New Orleans Louisiana is a relatively small city, although the largest in the state, with a rank of only forty-six in terms of the United States’ most populous cities. It encompasses five districts with one city council person each and two at large councilmen with the current mayor being Mitch Landrieu.
The budget then encompasses some 565 pages and is pretty much detailed and informative, with graphs and comparisons to similar sized cities such as Portland, Oregon and Atlanta, Georgia. It tells where revenues come from, what money is spent and where, whether there is going to be a surplus (yes with a 2011 surplus of $500K), and whether there are to be any cuts in city services. The budget also addresses two other difficult areas. One is the situation faced by municipalities all over the country, that of the nationwide recession begun in 2007-08 and continuing today. New Orleans has its share of unemployment woes; at 8.3% it is slightly higher than the national average. With the unemployment comes hundreds of foreclosures and other abandoned buildings. Added to that is the fact the city is still trying to recover from Hurricane Katrina in 2005 which only adds to the blighted structures and a good portion of the city’s budget is devoted to placing liens and demolishing these buildings. So yes, the current budget does give a very adequate overview of New Orleans’ financial position. ...Show more

Summary

The researcher of this descriptive essay mostly focuses on the discussion of the topic of municipal budget and analyzing the issue of the corruption in the small town of USA. This paper analyses New Orleans Louisiana which is a relatively small city in the state of Louisiana…
Author : lebsackjameson
Save Your Time for More Important Things
Let us write a custom research paper on your topic
"Budget Finance Paper"
with a personal 20% discount.
Find out more

Related Essays

Manage Finance
Woolworths limited is a retailer whose primary activities are concentrated in supermarkets, especially regarding food and liquor, which represent the firm’s majority sales. Woolworth also deals with other businesses like consumer electronics and powerhouse business.
14 pages (3500 words) Essay
Finance - Budgeting Paper
This extra fund to be allocated to the security operation will cost the state more they can by raising through taxation and the federal government local government pass fund. This fund has remained noncommittal to add to the state with more funds, rather, it has adopted a policy to reduce states funding.
6 pages (1500 words) Essay
Intro to Finance: Budget
I also confirm that I have a record of this candidate’s progress tutorial/s. Tutor Signature: Date: Explanation of the scenario The restaurant which is under discussion will be located in the market place which can easily be approached from the airports and transport and railway stations.
3 pages (750 words) Assignment
budget
The common types of budget are performance budget, cash budget and budget fore cast. Performance budget is based on anticipated revenues and expenses that are anticipated to be incurred in the future (Millett, 2011). Cash budget predicts how the available revenues will be utilized to accomplish a project (Millett, 2011).
5 pages (1250 words) Assignment
Report on Financial Statement Fraud Scheme
The reports revealed the facts that the company scheduled smuggled money as sales from foreign banks. The reports misrepresented the true value of accounts payable to creditors. The inventory was overstated and the audit reports were doctored. The company’s accounting policy recognized sales returns by crediting the respective amount and at the same time it also counted it as inventory.
4 pages (1000 words) Essay
SCHOOL FINANCE BUDGET REDUCTION PLAN AND JUSTIFICATION
Introduction The principal of all high schools in the suburbs of a large city are aware about a significant budget crisis looming throughout the state. According to the Superintendent, the state Department of Education has significantly reduced budget allocation due to the crisis as a result of which the district high school budget committee has been directed to cut their annual budget by 20% from its annual maintenance and operations and 30% from its soft capital budget for the fiscal.
7 pages (1750 words) Essay
Two questions related to Public Budget and Finance.
Public budgeting refers to the process of involving the selection of ends, as well as means in order to be able to reach those ends. This process takes into account the government decisions regarding translation of public policies into some targeted and feasible developmental actions.
4 pages (1000 words) Essay
Business Finance: Case Analysis
In most organizations that have the best of technology and the most efficient systems in place, managers often fail to achieve their planned targets primarily because they are naive on the behavioural management aspect of their job role.
8 pages (2000 words) Case Study
Investment Decision Selection Hyundai Motors & Brazil
In other words, domestic economic behavior can be directly linked to international flow of goods, services, and capital. To illustrate, emerging economies like Brazil and India are attractive
2 pages (500 words) Essay
Ratio Analysis
The paper uses Profitability, efficiency, liquidity and shareholder ratios as the basic tools. The more complex tools like IRR, WACC etc
6 pages (1500 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT