1. Discuss capital budget and the capital improvement plan in the context of the public budgeting and financial management.
2. What are the main revenue sources for a local government, a county government, the state government, and the federal government?
3. Who are the key players in the budget process and describe their roles.
4. Two key components of a public budget are the personnel services and the operating segments; describe each and what is one key overall difference.
5. What is revenue forecasting and give three examples?