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Assignment 22

12/09/2020 Client: accounting123 Deadline: 2 Day

 


For this assignment, you are to review and compare the two budgets contained within "Short Reading - Chapters 7 & 8" - one is that of the City of Asheville, NC, and the other is that of the City of Tifton, GA. After looking through both budgets, you should write a short (2 pages minimum) paper addressing the following:


1. The type of budget used by each city (hint: they are different);


2. The ease of understanding each budget, and the advantages & disadvantages of each approach;


3. How each budget could be improved (if at all) by incorporating features of the budget used by the other city into their budget document/process;


4. Your opinion as to the usefulness of each budget as an informational document if you were a taxpayer of either city.


Don't get too caught up in minutiae, as there is a boatload of information in each document. I am more interested in your ability to tell the difference between the two budget types used here, and what kind of information about the inputs & outputs of each municipality that can be gleaned from the budgets. If you have trouble telling the differences between the budgets, go back and re-read Chapters 7 & 8, as it explains the types quite well and gives some examples

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