Pad 505 Assignment 3 Presenting the Budget Essay

1149 Words Jul 11th, 2016 5 Pages
PAD 505 ASSIGNMENT 3 PRESENTING THE BUDGET
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PAD 505 ASSIGNMENT 3 PRESENTING THE BUDGET
Due Week 8 and worth 300 points
Refer the Scenario for Assignments 1–5. Prepare the financial plan and budget justification proposal.
The agency is contracted to work with New York City on several capital projects. To proceed with negotiations, an analysis of the city’s financial documents must be considered. Review the New York City Financial Plan, located athttp://www.nyc.gov/html/omb/downloads/pdf/fp6_12.pdf,to answer questions listed. (Title this section “New York City Financial Plan”)
1.
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• Use technology and information resources to research issues in public budgeting and finance.
• Write clearly and concisely about public budgeting and finance using proper writing mechanics.
PAD 505 ASSIGNMENT 3 PRESENTING THE BUDGET
Due Week 8 and worth 300 points
Refer the Scenario for Assignments 1–5. Prepare the financial plan and budget justification proposal.
The agency is contracted to work with New York City on several capital projects. To proceed with negotiations, an analysis of the city’s financial documents must be considered. Review the New York City Financial Plan, located athttp://www.nyc.gov/html/omb/downloads/pdf/fp6_12.pdf,to answer questions listed. (Title this section “New York City Financial Plan”)
1. Answer Question 1 based on the review of the New York City Financial Plan: Are total revenues growing faster or more slowly than expenditures? Show the annual growth rates for revenues and expenditures in a table.
2. Answer Question 2 based on the review of the New York City Financial Plan: What is New York City’s fastest-growing category of expenditures during the planning period? Justify the answer with examples.
3. Answer Question 3 based on the review of the New York City Financial Plan: What percentage of New York City revenue comes from the general property tax? How much is this tax growing in each year of the financial plan? Justify the answer with examples.
4.

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