Homework: Budget Cycle Paper
You are the budget director of a small city that has just elected new city council members. Of these new council members some have a limited experience with budgets from their employment in the private sector, some have no experience with budgets or the budget cycle, and none of the new members have ever worked in government at any capacity prior to their recent election. Previous experience has taught you that you can avoid a multitude of problems by taking a little time to educate the council members on key points of the budget and the budget process.
Prepare a 350 to 700 words memo that describes the budget cycle. See the Sample Business Memo located in the Center for Writing Excellence as an example for what a memo should look like.
Include the following in your memo:
1. A description of the budget cycle, such as the development, execution, and evaluation of the cycle
2. Be specific with the process and who is responsible or involved.
3. A description of revenue available to the government and how it is used
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.