Capital Budgeting (Public Administration)

Capital Budgeting (Public Administration)

Capital Budgeting    Capital budgeting refers to the decision making process in a firm relating to investment in long-lived assets such as new machinery, new plant, replacement of machinery, research development programs and others. Capital budgeting attempts to seek whether investing in the long-term projects will yield any benefits in the long-run. Long-term projects are those that typically take a period of more than one year. Capital budgeting helps in making crucial decisions about whether or not to invest. The decision to invest is weighed against the firm’s retained earnings, equity available, and current liability standings. Capital budgeting is a continuous process since firms occasionally seek for new investment opportunities in the environment. This paper will analyze capital budgeting with regard to the Department of Housing and Urban Development (HUD) in the United States. Explain how the debt capacity of the U.S. governmental entity is determined             The debt capacity of firms and government entities is critical to creditors. If a firm exceeds...
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Government Budgeting Process at VA

Government Budgeting Process at VA

Government Budgeting Process at VA    Governmental Budgeting Process refers to the decision-making process by which public resources are allocated to priority areas identified by the government. It refers to the mechanism by which a budget is created and approved. Budgeting is important since it enables the government to establish expenditure levels for various agency’s functions. Budgeting helps allocate scarce resources to various agencies and departments that help meet public demand and maximize the welfare of the citizens (Lee, Johnson, Joyce, 2008). The budget is supposed to reflect the values and meet the needs of majority of the citizens. Over the years, Governmental Budgeting Process has evolved tremendously. This has mainly been influenced by laws passed by the Congress to shape and smoothen the entire process. This paper will analyze the budgeting process with regard to United States Department of Veterans Affairs (VA).             The U.S. Department of Veteran Affairs is a state-run benefits system that is meant to cater for veterans....
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Public Budget Cycle

Public Budget Cycle

Public Budget Cycle Public Budget Cycle comprises of the various means by which societal ends are met through budgeting. The budget cycle is used to represent the life cycle of a budget from the creation stage to implementation and evaluation stages (Lee, Johnson, & Joyce, 2008). A fundamental application of budgeting is to ensure equitable distribution of scarce resources in public projects while maximizing societal benefits. The Public Budget Cycle in the U.S. goes through four phases namely: preparation & submission, approval phase, execution & audit, and lastly evaluation. This paper will analyze the Public Budget Cycle with regard to USAID (U.S. Agency for International Development) while addressing how each of the phases relates to the overall organizational mission. The first phase of the Public Budget Cycle is preparation and submission stage. According to Cropf (2015), this stage begins when the chief executive distributes guidelines to all agencies involved in preparation of documents for budgeting process. Policymakers in the government analyze economic...
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Homelessness in the City & County of Honolulu

Homelessness in the City & County of Honolulu

Homelessness in the City & County of Honolulu Introduction             Homelessness has been a major challenge in the City & County of Honolulu and the entire United States in general. Throughout history, a considerable proportion of the population has lived in appalling conditions. Homelessness is not a problem that only emerged in the modern world; there exists written accounts depicting homelessness back in the middle ages. However, one would expect that with modernization and improvement in technology in the last century, the entire population would be able to afford basic necessities such as food and shelter. This has not been the situation as more than 1 million U.S, residents lack housing. The situation is not just confined to the U.S. but also reflected in other parts of the world. Homelessness is a critical issue that needs to be addressed especially in the developing countries where about half of the population live in appalling conditions. Homelessness contributes to the emergence of slums especially...
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PUBLIC POLICY ISSUE/ CONTROVERSY (PUBLIC ADMINISTRATION)

PUBLIC POLICY ISSUE/ CONTROVERSY (PUBLIC ADMINISTRATION)

PUBLIC POLICY ISSUE/ CONTROVERSY (PUBLIC ADMINISTRATION) Abstract The paper seek to explore the factors effecting abortion as a public policy issue; a case study of the United States of America. The topic has been a matter of controversy facing the US for over decades. It has dominated the flour of the US parliament, the media, and the placards of the activists. Abortion is legalized in the country though there are some individual states that have enacted laws that make abortion illegal. The study gives reasons why women consider abortion over giving birth and also the pro and cons of abortion. The paper also seeks to explain the cost of abortion to the US economy. In conclusion, it explains policies that can be effective in curbing the abortion menace in the country. The policies are also evaluated to see if they are administratively feasible and their sustainability is also assessed. Introduction According to Anderson, J. E. (2014), abortion can be defined as the premature ending...
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