Course Project – CAFR of San Francisco-2017
After serving the city of San Francisco as Mayor for a year and being inspired by the overwhelming participation of your 1st Town Hall meeting addressing 2018 Proposed Budget, you invited your City Controller to join you for the 1st “ State of the Union”. The team decides to address the following:
1. The city’s strategy framework: Mission Statement, Strategies, etc.
2. The Leadership Team
3. The Overview of the Reporting Mechanism-CAFR
1. Purpose
2. Table of Contents
3. The Quality of the CAFR-Reporting Excellence & Auditor’s Opinion
4. The classification of Governmental Revenue & Expenditures, by function, object or Something else?
5. The presentation of Budget – Original vs. Final
4. Demonstrate the Overview accomplishments and challenges facing the city 2018 by utilizing the SWOT model with THREE Facts reference from the CAFR:
1. Strengthen-Three facts reference from specific sections of CAFR;
2. Weakness-Three facts reference from specific sections of CAFR;
3. Opportunities-Three facts reference from specific sections of CAFR;
4. Threats-Three facts reference from specific sections of CAFR;
5. Discuss the effectiveness and efficiency of Capital Project and its linkage to the City’s strategic objectives:
1. How many capital projects funds & Debt Service Fuds does the government maintain?
2. Did the city acquire or construct new capital assets using resources of this fund? If so, in what amount?
3. Select the largest Capital Project Fund and discuss where did the fund receive most of its resources?
4. Does this fund have any long?term debts associated with it? If so, does the Government maintain a debt service fund to account for the resources to service the Debt? What Interest rate did they pay? What were the cash flow projection for the Payment in the next 5 years?
5. Were there any difference of the original and final budget for this capital project fund? Why? Did this capital assets under, over or in line with the Final Budget?
6. Conclude
1. How did the City XYZ meet the Strategic Mission statement effectively and efficiently?
2. What are the Game plans for the challenges facing the City of XYZ in 2018?
3. How Did the Budget 2018 meeting that above challenges?
4. Your final “ Slogan” for 2018
Instructions; 2 pages one spacing