Managing Budgeting In Government

Author: Great Britain: National Audit Office
Publisher: The Stationery Office
ISBN: 9780102977295
Size: 19.38 MB
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Managing Budgeting In Government from the Author: Great Britain: National Audit Office. The Government's ability to show that its spending decisions represent the best value for money is being hindered by the patchy availability of good information. Many aspects of government budgeting compare well with good budgeting practice - particularly in support of the Treasury's objective to control spending. The system is less effective at addressing objectives for prioritisation of public spending and delivery of value for money across government. In 2012-13, the Government expects to spend £683 billion. The Treasury designs and manages the Government's budgetary system; departments manage their spending within the rules Treasury sets. Its spending review 2010 (SR10) and subsequent annual budgets have focused on reducing spending to tackle the fiscal deficit. The NAO estimates that SR10 cost departments and the Treasury around £20 million to administer. There were improvements in the last spending review to how spending on capital projects was allocated. However, the approach to prioritising resource spending, which represents nearly 90 per cent of all controllable spending, was less structured. There are promising budgeting developments in some departments, including innovative methods of internal challenge, improved aspects of external challenge and strengthened links between performance and spending. The Treasury's main contact with departments is through spending teams which make valuable contributions to spending control. However, their ability to challenge proposals is hampered by limited information and high staff turnover - with only eight out of 52 staff members still in place 20 months after SR10.

Government Budgeting And Expenditure Management

Author: Salvatore Schiavo-Campo
Publisher: Routledge
ISBN: 1317293312
Size: 38.38 MB
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Government Budgeting And Expenditure Management from the Author: Salvatore Schiavo-Campo. The government budget should be the financial mirror of society's choices. Yet most people view budgeting as the epitome of eye-glazing subjects, rarely explained in a way that is understandable to the non-specialist and too often presented without adequate consideration of a country’s governance and institutional capacity. Government Budgeting and Expenditure Management fills a gap in the literature to redress these failings and does so in comparative international perspective. This book provides a comprehensive but pithy and easy-to-understand treatment of public financial management, taking into account a variety of special issues including budgeting in post-conflict situations, at subnational government levels, for military/security expenditures, and in countries with large extractive revenues. Distilling the lessons of budgeting reform in countries at different levels of income and administrative capacity, each chapter gradually progresses from the basic principles to the more technical aspects and then on to implementation issues, using concrete examples and illustrations from around the globe. Government Budgeting and Expenditure Management is ideally suited as the primary text for advanced undergraduate or graduate courses in government budgeting or public financial management, or as a supplementary text for courses in public finance, public economics, economic development, public administration or comparative politics. With its attention to practical implementation aspects, the book will also be of direct interest to practitioners, policy-makers, and government employee training organizations.

Managing Budgeting In Government

Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts
Publisher: The Stationery Office
ISBN: 9780215054623
Size: 26.93 MB
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Managing Budgeting In Government from the Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts. The Government needs strong budgetary systems to be able to control and manage public spending and to provide high quality public services that offer value for money to the taxpayer. The 2010 Spending Review set a four-year spending total for each department and focused on reducing public spending and delivering the coalition Government's programme. The Treasury managed the Spending Review by collating bids from departments and challenging submissions. The process built on the experience of previous CSRs and was better managed, however concerns remain. Departments and the Treasury failed to take a longer term view on spending, making cuts in those budgets that were easiest to cut. For instance, whilst Treasury improved assessment processes to be able to rank capital projects, the overall level of capital investment was cut. Resource expenditure as a whole will increase in nominal terms, albeit at a much slower rate. There were gaps in data which made it difficult to compare options or benchmark spending proposals. There were no incentives for departments to collaborate on cross-government issues. There was no evidence of clear thinking on how one decision to save money in one budget area might lead to an increase in expenditure elsewhere. Decisions on where to spend or cut rest with Ministers and cannot be divorced from the political process. But these decisions need to be informed by rational analysis. Officials must do more to provide Ministers with reliable and comparable information to help them weigh up the effect of different spending options

Case Studies In Public Budgeting And Financial Management Revised And Expanded

Author: W. Bartley Hildreth
Publisher: CRC Press
ISBN: 9780824708887
Size: 49.30 MB
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Case Studies In Public Budgeting And Financial Management Revised And Expanded from the Author: W. Bartley Hildreth. A resource for administrators seeking innovative ideas and supporting precedents in formulating policy, this book also provides a useful textbook for public administration and policy students. It employs a wealth of case studies in budgeting and financial management to demonstrate strategies in system implementation, policy formulation, government accounting, auditing, and financial reporting. With contributions from leading experts, it clarifies procedures to solve cutback and downsizing dilemmas using theoretical models, and provides pragmatic approaches to managing financial activities under budgetary strain. It also covers the evolution of a debt management policy.

Budgeting As A Tool For Enhancing Financial Management In Local Government Authorities

Author: Dr. David Ackah
Publisher: GRIN Verlag
ISBN: 3656842361
Size: 71.79 MB
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Budgeting As A Tool For Enhancing Financial Management In Local Government Authorities from the Author: Dr. David Ackah. Scientific Essay from the year 2014 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: MMDAs as development partners to the central government need to mobilize enough revenue locally to support the central government development agenda. Inadequate financial resources can undermine the effective implementation of developmental projects in MMDAs. Budgets are important as they prudently manage scarce financial resources and at the same time serve as a means of expenditure authorization, control and evaluation base. MMDAs in Ghana, prepare budgets but deal with it in lesser extent, unlike the profit-making organizations which consider budget and budgetary controls important element in their policies. It is against this background that this study was carried out to find ways by which MMDAS especially AEDA can use budgeting and budgetary controls as management tools to prudently enhance their financial management system for local development. The case study approach was used in the study. Interviews and questionnaires were used to solicit data for the study. The research found out among other things that MMDAs prepare budgets and control the budgets. The research data evidently prove that in the case of Ada East District Assembly, this is true. However, poor budget formulation and implementation and low revenue generation base make it difficult for MMDAs to live up to their responsibility as partners to the central government in national development. Recommendations and suggestions have accordingly been made to improve upon budgeting and budgetary controls in MMDAs and the nation as a whole.

Government Budget Forecasting

Author: Jinping Sun
Publisher: CRC Press
ISBN: 9781420045833
Size: 33.92 MB
Format: PDF, Docs
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Government Budget Forecasting from the Author: Jinping Sun. Revenue and expenditure forecasting plays an important role in public budgeting and financial management, particularly during times of financial constraint, when citizens impose greater accountability upon government to use taxpayer dollars more efficiently. Despite its significance, revenue and expenditure forecasting is often overlooked in the budget process, and there is an imbalance between practice and research in this area. Based on the collaboration of budget scholars and practitioners, Government Budget Forecasting fulfills two purposes: Enhances the understanding of revenue and expenditure estimation both theoretically and practically Stimulates dialogue and debate among practitioners and academicians to identify good forecast practices as well as areas for improvement Divided into four parts, this comprehensive reference first examines forecast practices at the federal, state, and local levels, drawing on case studies that include California, Texas, and Louisiana. It then explores consensus systems and risk assessment, considering political factors and the costs of forecast errors. The text concludes with a call to transparency and guidance from a code of ethics, and a look at forecasting practices in emerging countries.

Quicker Better Cheaper

Author: Dall Forsythe
Publisher: SUNY Press
ISBN: 9780914341857
Size: 38.12 MB
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Quicker Better Cheaper from the Author: Dall Forsythe. Scholars and practitioners explore American government performance management offering diverse views.

Financial Management For Local Government Managing The Operating Budget

Author:
Publisher:
ISBN:
Size: 22.18 MB
Format: PDF, ePub
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Financial Management For Local Government Managing The Operating Budget from the Author: . "This series is designed to cover all aspects of sound financial management for local governments in developed and developing countries and economies in transition. Concepts of good governance, transparency and accountability are woven into the text of every chapter, and the needs and potential obstacles to greater decentralization and democracy are highlighted. Each volume is self-contained with its own Trainer's Guide, exercises and web resources. Chapters are divided into basic and advanced concepts and the detailed relationship of each topic to the others covered in the series is explained"--Publisher's description.