Assignment task:
1. Write a memo to the new incoming group of legislators to describe the budget process. That includes.
- A description of the steps of the budget process, including when the fiscal year begins and end.
- The timeline and key milestones of the budget process from budget submission by agencies/departments to the final budget
2. Source or reference
3. What is an example of each in your state? How do major sources of funding compare between the federal government, state government, and local government?
4. What are the differences in budgeting in private business and public service organizations and do these differences exist?