Wk 7 Assgn 1 The Assignment: Create an expenditure profile that can reveal the following: Deterioration of revenue base Internal procedures or legislative/board policies that may adversely affect revenue yields Over-dependence on obsolete or external revenue sources User fees that do not cover the cost of services Changes in tax burden Lack of cost controls and poor revenue estimating practices Inefficiency in the collection and administration of revenues Analyzing an expenditure profile can reveal the following: Excessive growth of overall expenditures as compared to revenue growth or growth in wealth (personal and business income) Undesirable increases in fixed costs Ineffective budgetary controls A decline in personnel productivity Excessive growth in programs, which creates future expenditures Community needs and resources encompass economic and demographic characteristics, including population, employment, personal income property value, and business activity. An examination of demographic and economic characteristics can identify the following: A decline in the tax or revenue base A need to shift public or customer service priorities A need to shift policies because of a loss of competitive position Support your Assignment with specific references to all resources used in its preparation. Be sure to follow APA guidelines when citing your sources.

Wk 7 Assgn 1

The Assignment:

Create an expenditure profile that can reveal the following:
Deterioration of revenue base
Internal procedures or legislative/board policies that may adversely affect revenue yields
Over-dependence on obsolete or external revenue sources
User fees that do not cover the cost of services
Changes in tax burden
Lack of cost controls and poor revenue estimating practices
Inefficiency in the collection and administration of revenues

Analyzing an expenditure profile can reveal the following:
Excessive growth of overall expenditures as compared to revenue growth or growth in wealth (personal and business income)
Undesirable increases in fixed costs
Ineffective budgetary controls
A decline in personnel productivity
Excessive growth in programs, which creates future expenditures

Community needs and resources encompass economic and demographic characteristics, including population, employment, personal income property value, and business activity. An examination of demographic and economic characteristics can identify the following:
A decline in the tax or revenue base
A need to shift public or customer service priorities
A need to shift policies because of a loss of competitive position

Support your Assignment with specific references to all resources used in its preparation. Be sure to follow APA guidelines when citing your sources.


Readings
Mikesell, J. L. (2014). Fiscal administration: Analysis and applications for the public sector (9th ed.). Boston, MA: Wadsworth. Chapter 5, "Budget Methods and Practices" (pp. 178218)
Chapter 8, "Taxation: Criteria for Evaluating Revenue Options" (pp. 343384)

Aikins, S. K. (2011). An examination of government internal audits' role in improving financial performance. Public Finance & Management, 11(4), 306337.
Retrieved from the Walden Library databases.
Linnas, R. (2011). An integrated model for the audit, control and supervision of local government. Local Government Studies, 37(4), 407428.
Retrieved from the Walden Library databases.
Hogan, A.-M. (2006, November). Audit committee and auditor independence. Paper presented to the San Diego City Council. Retrieved from http://algaonline.org/DocumentCenter/Home/View/13