Preparing the Operating Budget

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Reference no: EM132655770

Discussion 1.

Preparing the Operating Budget, Please respond to the following:

From the e-Activities, discuss two differences between Michigan's budget and your state budget in terms of budget process, financial reporting, and costs analysis (fixed costs, step-fixed costs, and variable costs). Justify your response with examples.

Discuss the pros and cons of forecasting over a five to ten (5-10) year period. Justify your response with examples.

Discussion 2.

"The Budget" Please respond to the following:

From the first e-Activity, discuss four (4) governmental expenditures that you believe will have a significant impact on your local economy over the next year. Justify your response with examples

Discuss two to three (2-3) challenges an administrator may face when developing and reviewing proposals for budget cuts.

Reference no: EM132655770

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