Ashford University Chesapeake City Budget Plan Paper & Presentation

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This assignment is broken into 2 parts. In Part I your team will examine how your chosen city or county government, from Week 2, characterizes their financial position. In Part II you will be combining Part I with your previous week’s work to create a comprehensive evaluation of your chosen city’s or county’s budget and financial position.

Part I

Using the information contained in your city’s or county’s CAFR, describe their financial position.

Consider the following in forming your view of their financial position:

• What are the fund balances in each reported fund?
• How does the government examine the results for the general fund? Review the management discussion and analysis section.
• What notes and material changes are in the CAFR?
• Can you identify any significant policy changes?

Summarize the financial position in 1- to 2-page paper.

Part II

Create a 12- to 15-slide Microsoft PowerPoint presentation with speaker notes assessing the city’s or county’s budget, policies, financial position, and outlook.

Include the following in your presentation:

• Political, economic, social, and cultural influences on the public budget
• Forecast approaches and rationale
• Effects of public policy and the political process affecting the city’s or county’s budget
• Elements involved in the budget preparation, enactment, and execution
• The city’s or county’s financial position
• Your team’s official opinion on the city’s or county’s financial outlook