Question

Frame this city- 2 million budget.

Finance Exercise: Presenting the budget. The sales job.

(1) what do i do first to sell my budget(Internally)/

(2) how am i going to present at the public meeting?

5% invrease over last year ($100,000)

- 1 new staff- police officer

-Public safety is 65% of budget

-No increase on property taxes for average home

-No new program initiatives

-Continued upgrade and investment in parks

Thank you!

what i mean is that the city has a budget of 2million,whats the budget process such as

where the money coming from?

where does the money go?

whats the allocation of the general govvernment while there should no increase to the property tax

Answer 1

Budget income can be from taxes(personal, corporate, property, sales & excise, capital gains etc)

Budget expenditure

New police officer: $ 30,000 (part of public safety below)

Public safety = 65% = $ 1,365,000

• Night patrol squads = 30% of public safety (extra 10% for first-aid kits for instant reaction to accidents)
• CCTVs in crowded areas = 10%
• Free self-defense training for all female public 10%
• Prisoners employment programs 20%
• Institute a public safety fund for emergencies 20%

Remaining = 35%

• 20% on roads (exclusive lane for ambulances) & and public infrastructure
• 15% on parks