Discussion Post: Public Finance and Budgeting
You are a municipal budget analyst. Using your favorite search engine, locate the budget of a municipality that has completed a petition to file bankruptcy. Some examples include Detroit, Michigan; Stockton, California; Central Falls, Rhode Island; San Bernardino, California; Prichard, Alabama; and Vallejo, California.
Develop your case study findings and recommendations consisting of no less than 500 words in which you discuss the following:
a) Briefly describe the municipality's demographics.
b) Evaluate the previous three-year trend of the municipality's major revenue sources and expenditures.
c) Analyze the impact of the issues contributing to the municipality's budget deficiencies.
d) Propose three alternative financing options.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.