1. Significant Aspects of Public Sector Budgeting
... improperly used and for this reason wasted while a department or project of higher need gets underfunded or plausibly ignored in the process. Also, localities that lack certain guidance and control unlike the Miami Beach budget process result in "Christmas list budgeting". According to John Mikesell, author of Fiscal Administration, this process creates unrealistic requests that are then cut without ... much thought of other programs and priorities. Budgeting problems such as these tends to arise in smaller governments in local areas ... well enough without doing research that would be...
- Word Count: 1254
- Approx Pages: 5
- Grade Level: Graduate