Effective supervisory ch6
How long is the fiscal year
12
What is used to communicate the goals and objectives for the coming year?
Budget message
What includes the multiyear plan for financing major equipment?
Capital budget
What helps to minimize fluctuations in tax rates by scheduling and financing the costs of capital facilities over a number of years?
Capital improvement plan
Who is given the opportunity to comment on the proposed budget during the external budget review?
Citizens
Who is responsible for carrying out the programs and activities once the budget has been approved? p. 96
Department heads
Which category of performance measure deals with the cost per unit of outputs and outcomes? p. 89
Efficiency
Which type of funds cover services based on user fees such as water and sewer systems
Enterprise
Which must be done first when preparing the department budget?
Establish goals and objectives for the year
About how long before the beginning of your local government's fiscal year should budget preparation begin?
Five to eight months
Approximately how far before the new fiscal year should department heads and supervisors prepare their individual budgets?
Four to six months
What is the third step in the budget process? p. 95
Internal budget review
Which is the most traditional budget format and is often used by smaller local governments?
Line-item
hat is used to define how much money can be spent for day-to-day operations?
Local government budget
How many years worth of comparative information is usually included in the revenue estimates?
One or two
What type of budget covers revenue estimates and planned expenditures for the year for all ongoing government activities?
Operating
Which type of budget describes the amount of services to be provided for money spent?
Performance
What is the last step to take when preparing a budget?
Plan for next year
Which type of budget presents financial information according to services to be provided?
Program
What can your success as a supervisor help? p. 99
Reduce employee turnover
What do some local governments link their budget document to by including goals, objectives, and performance measures?
Strategic plan
What defines what your department plans to accomplish during the coming year?
budget
what determines the level of taxation
budget
local govt budget serves three function
control, management and planning
according to Eisenhower matrix which box to spend more time in to reduce stress
import/not urgent
At what point in the budget process may citizens be involved?
planning