The Operating Budget

Write a four to five (4-5) page paper, titled Part I: The Operating Budget for the (Selected Agency) in which you separate the content into sections:

1. Provide background information about the agency, mission, goals, objectives, departments, and strategic plan. (Title this section Introduction)

2. Describe the budget of the agency by addressing the following items: (Title this section Budget Overview).

a) Financial Summary, including Revenue and Expenditures
b) Department Budgets
c) Funding
d) Capital Projects
e) Debt Administration

3. Describe how you would perform a Cost Analysis. (Title this section Cost Analysis). The costs should include the following:

a) Fixed Costs
b) Step-fixed Costs
c) Variable Costs

4. Identify and explain one to two (1-2) challenges you will have in managing the budget. (Title this section Budget Challenges)

5. Recommend two to three (2-3) strategies the agency should review regarding new initiatives and budget cuts over the next 5 years. (Title this section Budget Recommendations)

6. Include the agency's most recent or financial plan.

7. Provide the agency's Website name URL, and any other sources used to support the assignment's criteria.