Question (CXU5a) (Separate Paper) Due March 28th 2018
Write a description of your position on a balanced national budget. Justify your position for or against a balanced national budget by explaining the gains and losses associated with your position.
Question (CXU5b) (Separate Paper) Due March 28th 2018
Write a 6- to 8-page double-spaced paper (not including the cover and reference pages) in which you do the following:
Briefly describe the organization and the budget document you selected.
Identify the specific type of budget document you selected.
Evaluate the budget document using GFOA criteria.
Explain whether or not the budget document serves the constituents and other stakeholders of the organization.
Use from the library at least two scholarly sources that were published within the past five years to support your paper.
Question (CXU6a) (Separate Paper) Due March 28th 2018
Write a brief description of the organization you selected. Then, provide an analysis of that organization’s CAFR. In your analysis, explain what the report tells the stakeholders of the organization and the value of the report to the organization.
Question (CXU7a) (Separate Paper) Due March 28th 2018
Write a 6- to 8-page paper (not including title page and reference page) that addresses the following:
Describe your local city or county entity. Include descriptive information as population, trends, and other important demographical information. (1 page)
Look at sales tax in the city, which is a main source of revenue. Is your entity’s revenue and expenditures balanced? Why or why not? In your assessment, consider the following three factors: amount of revenue that the entity is collecting, the percentage of total revenue contributed by sales tax, how much the city is spending. (2 pages)
Consider these six important factors that impact city revenue: Deterioration of revenue base, internal procedures or policies that may adversely affect revenue yields, over-dependence on obsolete or external revenue sources, changes in tax burden, poor revenue estimating practices, and inefficiency in the collection and administration of revenues. Select two that apply to your city, and then evaluate how these impact your city. (1- 2 pages)
You propose to increase city tax revenue, and you know from your course readings that price elasticity and demand are important considerations. Understanding the characteristics of your city, evaluate whether the following three tax increase options would be effective: 1) a .5% increase in sales tax, 2) a 3% increase in restaurant tax, and 3) a 5% increase in tourism tax. In your evaluation, consider price elasticity and positive and negative externalities for each type of tax. This is where knowing your city and its major sources of revenue are especially important. (1 – 1 1/2 pages)
As part of your conclusion, provide one recommendation to improve the city’s financial health. Examples may include (but are not limited to) the need to shift public or customer service priorities or a need to shift policies because of a loss of competitive position. Be creative – one suggestion may be to research examples of other similar cities and determined what changes have worked for them. (1/2 – 1 page) Use proper APA formatting.
Question (CXU8a) (Separate Paper) Due March 28th 2018
Write an evaluation of two types of taxes (e.g., property, income, sales, etc.) using the criteria in the Mikesell text. Then, explain whether you consider the taxes fair and equitable, and why. Describe how tax equity coexists with a government’s need to collect taxes for revenue.