Find the variances for both the revenue and expenditures

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Reference no: EM13196519

1. Find the variances for both the revenue and expenditures sides and then discuss two to three (2-3) problematic areas for the agency. Provide the results of the variances in a table.

2. Recommend two (2) policy actions for each problematic area discussed in criterion 1. Justify the recommendations.

Variance Report from the Department of Transportation, 2007-2008

Actuals Actuals


Annual

First Percentage

Third Percentage


budget

month spent

month spent

Revenues


8.33

25.00

Federal aid

530,000,000

$2,000,000

$6,000,000

State aid

80,000,000

8,000,000

30,000,000

Local aid

20,000,000

1,700,000

5,400,000

Total

$130,000,000

$11,700,000

$41,400,000

Expenditures




Central fleet maintenance

$2,257,724

$180,000

$530,000

Public works and transportation

1,606,402

130,000

390,000

Public works department

86,176,802

7,300,000

22,000,000

Snow removal

12,292,072

-

-

Transportation department

27,618,759

2,300,000

2,100.000

Total

$129,961,759

$9,910,000

$25,020,000

Reference no: EM13196519

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