The assessment aims to apply skills and core competencies gained in State Budget Reading and Analysis. Resources provided at the end of this project instructions are vital along with other resources from this class. You shall submit a minimum word count of 1,500. Please articulate your essay around the following six points beyond a brief introduction and concluding remarks:
(1) What are the roles of a budget in a state?
(2) What is the role of the budget director?
(3) What are the challenges faced by the state budget director?
(4) What is the main difference between surplus and excess funds?
(5) Please discuss laws that govern the budgeting process in Louisiana.
Notice that your essay shall follow the standard English composition with full sentences and paragraphs.
Please use the resources below for this learning and application project of Public Finance.
Useful hyperlinks for Public Finance: Data, Analysis & Reports
[1]http://www.nasbo.org This is the home page of the National Association of State Budget Officers. You can find information about current state government finance issues and the impact of changes.
[2] https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/projects/state-fiscal-briefs ;
State Fiscal Briefs
State budgets are more than numbers. They reflect priorities, challenges, and history. These summaries of each state’s finances, politics, economics, and demographics can help you prepare for policy debates.
National recessions and federal tax and spending changes can affect budgets in all 50 states and the District of Columbia. And big policy questions, such as whether to increase teacher salaries or expand health care access, can pop up in many states at the same time. But each state faces unique economic, political, cultural, and historical pressures that affect how fiscal issues emerge and how problems are resolved. That’s why the State and Local Finance Initiative put together these 51 briefs. Select a state from the map below to learn more about the dynamics that influence major policy issues in each state.
Source: Urban Institute
