...CITY OF NEW ORLEANS 2013 Budget Proposal October 29th, 2012 10/29/2012 Mayor’s Office of Communications 2013 Budget Presentation • Background • Performance Management/Review of Improvements • 2013 Budget Proposal 2 2013 Budget Proposal Funding Cuts at the State and Federal level are posing significant budgeting challenges for municipalities across the U.S. ● Nearly 48% of cities plan to reduce workforce this year ● Los Angeles predicts over 200 City jobs will be eliminated due to budgetary challenges ● San Bernardino closing all but one library and reducing 100 jobs including Police and Fire positions ● The State of Louisiana is not meeting its obligation to fund District Attorney, Indigent Defender, or mental health We must continue to take action to be smart about how we get smaller 3 2013 Budget Proposal The Landrieu Administration addressed an inherited $97M spending gap Budget Comparison $550M 2009 Expenditure $528M 500 110 450 $431M $97M Gap 400 418 431 Gap Recurring Revenue 2010 350 300 2009 Note: One-time revenue sources not included in chart 4 2013 Budget Proposal First step to eliminating gap was to reverse the spending trend Annual Expenses $550M $528.0M $496.0M 500 $483.0M $479.9M $477.8M* $50.2M Difference 450 400 350 *= Proposed $477.8M expenditure does not include $13.4M appropriation to fund balance. Including fund balance contribution, the City is proposing a budget...
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...One very complex issue in today’s world is the funding of museums and art galleries. While there is an argument that they should be free to the general public and funded by governments, I also believe that there is also a case for saying that they should charge an entrance fee like other attractions. Those who argue that museums should be free typically make one of two arguments. The first argument is that institutions like museums are a public service and therefore there should be free access to the man in the street. If for example there was a charge only the wealthy could afford to enjoy works of art. The second, and related, argument is that if they did levy a charge fewer people would go to museums. This would be serious as they are educational institutions and standards would fall. In contrast, there is only one major argument on the other side of the debate. This is that both museums and art galleries need to charge an entrance fee if they are to survive in the modern world. Governments do not have sufficient funds to subsidize all such institutions and there are other priorities for public money. Therefore these galleries and museums need to charge their customers not only to survive but to update their exhibitions and make new purchases. By way of illustration, the Tate Modern in London could not have been founded without revenue from admissions. My personal position is that there is no clear answer to this question as there are such strong arguments on both sides...
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...Tourism BETTER FUNDING FOR STATE TOURISM ORGANIZATIONS An almost universal problem for state tourism organizations is the scarcity of funding. Budgets are tight with so many social and other problems plaguing the states. Also, there is some reluctance to fund the tourism promotion organization by those who feel mistakenly that it is mainly the tourist businesses that profit from the industry rather than the population in general. Competition for state funds by other agencies is intense and, as a rule, the tourism people do not as good as lobbying as other interest groups. In order to do something at this regard, the Governor appointed a 40-member tourism task force to investigate ways in which tourism promotion could be accomplished in a more adequate manner. The task force has come up with the following plan: they recommend that the state legislature establish a “tourism marketing order” to raise funds from assessments the industry makes upon itself about the way in which each business should contribute to funding. Businesses that would be assessed include transportation companies, travel agencies, cruise lines, rental car companies, accommodations, attractions, recreation facilities, restaurants, retail outlets, factory outlets, and bars/drinking places. All funds raised would be used for state-wide tourism promotion. In order to implement this plan, the state legislature must first authorize a statewide referendum that would be conducted by the industry among...
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...BETTER FUNDING FOR STATE TOURISM ORGANIZATIONS An almost universal problem for state tourism organizations is the scarcity of funding. Budgets are tight with so many social and other problems plaguing the states. Also, there is some reluctance to fund the tourism promotion organization by those who feel mistakenly that it is mainly the tourist businesses that profit from the industry rather than the population in general. Competition for state funds by other agencies is intense and, as a rule, the tourism people do not as good as lobbying as other interest groups. In order to do something at this regard, the Governor appointed a 40-member tourism task force to investigate ways in which tourism promotion could be accomplished in a more adequate manner. The task force has come up with the following plan: they recommend that the state legislature establish a “tourism marketing order” to raise funds from assessments the industry makes upon itself about the way in which each business should contribute to funding. Businesses that would be assessed include transportation companies, travel agencies, cruise lines, rental car companies, accommodations, attractions, recreation facilities, restaurants, retail outlets, factory outlets, and bars/drinking places. All funds raised would be used for state-wide tourism promotion. In order to implement this plan, the state legislature must first authorize a statewide referendum that would be conducted by the industry among its members to...
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...Memo and Business Letter Student’s Name: Institution: Memo TO: CSU Funding campaign team members FROM: Yuqing and William DATE: February 5, 2014 SUBJECT: Funding for CSU This memo is a reminder of the meeting we have today. The agenda of the meeting is to talk about what we discussed and to get opinions on the matter. As the campaign group for the CSU funding, it is proper that we use all means and to gather all that is in our disposal for the task. We discussed on how we can acquire funding, and we agreed that we should not limit our campaign to only seeking finances. The essence of this program is to help increase CSU’s finances so that it can services its activities. This can be achieved through the provision finances and by enforcing measures to cut down costs. CSU has tried such measures, in the past, to cut down on its spending. It has done so by increasing its technology use to replace costly manual systems and by sharing services between departments and campuses. In our discussion, we suggested on the same idea that campaigning for funding does not exclusively mean seeking funds. We, therefore, discussed that if we can get people to volunteer, tutor or pursue internship programs, it would be a good measure of cutting down costs. Salary expenses are a significant part of the overall expenses and reducing these costs saves a lot of money for CSU. We also proposed that the target audience, for this plan of the campaign, is the graduates. Students do not have...
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...Foundations Ida Reyes HSM / 260 8/19/2012 Erin Akins Foundations There are many funding organization in the community. When looking for one that stood out from the rest, the Community Foundation of South Puget Sound is very interesting. This organization is community based for the area of South Puget Sound. They offer grants and scholarships to preserve resources for tomorrow's community needs (The Community Foundation of South Puget Sound, 2012) . According to this organization they provide services to connect individuals or organizations with causes that they would like to assist with their charitable contributions. With the Community Foundations knowledge for the needs in the community and knowledge of the local nonprofits in their area they have the ability to provide these connections to the individuals and organizations wanting to donate to others in the community. The South Puget Sound Community Foundation organization is assisting others connect in the community by finding the right organization for them to contribute to. There are six (6) different types of funds that one could contribute too. These funds are as follows: Unrestricted Community Funds, Field of Interest Funds, Donor Advised Funds, Scholarship Funds, Designated Funds and the Agency Endowments. The Unrestricted Community Fund is the fund that is used to assist human services, health, arts, education, the environment, needs of the elderly and other needs as well. This fund group is made...
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...BUSINESS DETAILS This business proposal is confidential and I request that it be treated as such. I must solicit your confidentiality and assure you that I am contacting you in good faith and this proposal will be of mutual benefit. I am Richard Gerrald, a solicitor at law. I am the personal attorney/sole executor to a client of mine, who died along with his family in a plane crash on the 14th of August 2005. My late client a formal Sub-Comptroller working with Chevron Texaco Oil here in the United Kingdom and had Left behind a deposit of Sixteen Million British Pounds Sterling only (£16,000,000.00) with a bank. After the death of my client, the finance company contacted me, as his attorney to provide his next of kin who should inherit his fortune this according to them is their policy in sure circumstances. Since the death of my client, I have written several letters to the embassy with intent to locate any of his extended relatives whom shall be claimants/beneficiaries of his abandoned personal estate and all such efforts have been to no avail. I had to inform the finance company about my fruitless effort in locating my late client's close relative or his next of kin. The board of directors of the finance company now adopted a resolution and I was mandated to provide his next of kin for the payment of this money or forfeit the money as an abandoned fund. The company had planned to invoke the abandoned property decree of 1996 to confiscate the funds after the expiration...
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...Program Planning and Grant Proposals By: Tiffany Davis University Of Phoenix This paper was prepared for Terra Harris The relationship between program planning and grant proposals is one that has many similarities but it is also very different and they should be treated as such. A grant proposal addresses goals within the organizations ability to provide relevant services. Grant proposals could be contract submitted to perform an activity for example better training and research. Program planning is the first step in planning to redevelop a particular program that wishes to be funded by the grant for a government purpose. The grant proposal has a description of what the organization is planning on doing and the deliverables, budget and other important information. Program planning is a way of executing the program and planning on how to get the funds needed to deliver the training or extra things for the organization to make it better for not only the company but for their employees as well. When young adults/adults want to go to school they have to plan what program / career they would like to learn about and get a degree in. Then they have to plan on the budget needed to get to go to school. The last step is to fill out for a grant through the government to get the funds needed to go to school to achieve our goals in getting a better career after school. It is very important to know the difference between program planning and grant proposal. This is important...
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...Case Study What is the core role of lifesaving clubs and agencies? Its mission statement states in part that its role is ‘to lead, support, collaborate, with national and international organisations engaged in drowning prevention, water safety, water rescue, lifesaving, lifeguarding, and lifesaving sport’ (www.ilsf.org). What are their likely source of income, and why? Lifesaving clubs and agencies rely heavily on the supply of public funding by the government. The costs associated with the development of sport such as building or improvement of facilities is usually funded by the government. The government/State heavily funds lifesaving clubs and agencies. It is because the State believes that it can improve the well being of society by its various interventions. (Hoye, Russel. 2006, p. 20). This type of intervention falls under the neo-liberalism ideology. It was found that ‘neo-liberals believe government should not engage directly in most economic activity, but rather provide only base level infrastructure, legislative guidelines within which private business can thrive’ (Hoye, Russel. 2006, p. 27). How feasible would it to get the people being rescued to actually fund the operations of lifesaving clubs and agencies? It will not be feasible for the people being rescued to fund the operations because the cost of running the lifesaving clubs and agencies are huge. The amount of money channelled to the lifesaving clubs and agencies by the State to the clubs...
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... HSM/270 Grants play a very big and important role in the human services field. Grants are needed to provide human service funding for programs that can help people in their time of need. Without grants funding these programs would fail. Funding helps to provide the required funding to pay for some human service programs and the workers needed to run these programs. While donations and fees are crucial to human service nonprofits, many organizations rely heavily on revenues from government contracts and grants to expand their reach. Grants are more vital to some programs more than others in the human services field. There are grants for programs that help out a community that has been hit with a disaster, and the grants that help fund the needs of programs like that are very vital in order to build back communities and help those in need in those hard times. Other programs that grants are vital to include programs such as programs for abused children, homeless families, and programs that feed the hungry. There are several programs that need funding provided by grants in order to help people in time of need, but some are need grants to run more than others in order to provide the care that people may need. In all, grants play a very important role in helping people who rely on human service programs who's main funding is from the grants that they...
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...January 16, 2009 To Whom It May Concern: I am writing you on behalf of our Headstart Program. As you may not be aware, our program is primarily a federally funded organization. We get the majority of our funding from the Department of Health and Human Services in the form of a grant. With this grant we are able to provide services in fourteen migrant and seasonal head start centers. As a grant requirement we must meet a twenty percent matching requirement (In-kind), which is extremely tough to meet in the rural areas that we operate. We are now nearing the end of our 2008-2009 season and are asking for donations in order to reach our required match. A donation can be in the form of many things such as, cash, office supplies, curriculum approved education supplies, supplies to maintain our centers, hygiene supplies, etc. If you would like to donate to our program please contact Susie Smith at (208) 453-1111. She will be able to supply you with a receipt and can provide you with any other information you may need. If our program is unable to meet the required amount of In-kind, it could have a huge impact on our children, families and communities. Our funding would be cut back and therefore result in a reduction in services to our families. In our rural communities it is extremely important that we all stick together. It would be very detrimental if we were unable to provide services to so many families that desperately need it. Any help you can provide...
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...Chapter 11 Chapter 11 Issues of Reporting, Disclosure and Financial Analysis Questions for Review and Discussion 1. The key criterion is financial accountability — the primary government either appoints a voting majority of the unit’s governing body or a majority of the unit’s governing body is composed of primary government officials and • the primary government is able to impose its will upon the potential component unit or • there is the potential for the organization to provide specific financial benefits to, or impose specific financial burdens on, the primary government. 2. Discrete presentation is when one or more component units are reported in separate columns, in addition to those pertaining to the primary government. Blending is when the component units’ transactions and balances are reported as if they were part of the primary government — that is, the component units’ funds are accounted for just as they were funds of the primary government. Blending is required when the primary government and the component units are controlled by governing boards having the same members or the component unit provides services solely to the primary government. If those conditions are not satisfied then discrete presentation is required. 3. Discrete presentation, as it must be applied in government-wide statements, allows for the aggregation of any number of different component units, irrespective of type and basis of accounting. Therefore, it...
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...Chemical Dependency Counseling in Prison Financial Contingency Planning is essential to the success of any chemical dependency counseling program. There are many problems that can surface in the financial sector of the organizations and can result in high costs for the organization. A contingency plan in place can reduce the harmful effects of the challenge that surfaces. The development of financial contingency plan is through strategic scenario planning and develops the actions to be employ only upon the occurrence of anticipated future events. A contingency plan will protect the chemical dependency program from unforeseen threats or events that could interrupt the success of the program. This requires the source of revenue to be readily available to the chemical dependency counseling program in prison. Public-Private Partners However, for any financial contingency plan to be successful there needs to be sources of revenue available. One source of revenue is the public-private partner. There are many forms of the public-private partner that can be put to use by the program. The Operations and Management model involves a public partner (federal, state, or local government agency or authority) who contracts with a private partner to provide or maintain a specific service (North, 2011). Through O&M, the public partner retains control over the chemical dependency program and retains management control. The next type of public-private partnership is the Operations...
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...Target Case Study Be prepared to describe and critique Target’s capital budgeting system. Give specific consideration to the role of the real-estate managers and the makeup of the CEC. Target’s capital Budgeting System, by 2006, Target was targeting to create a lot of outlets and they were termed as projects, each project contains a set of procedures to be followed that are then approved by the CEC (capital Expenditure committee) in order to get the store up and running. There specific consideration for the role of real-estate managers is because, those people will have the GEOGRAPHICAL IDEA about the area in which they are managing prior sending to the CEC. These Managers will be responsible if a new store proposal comes, so that they will review the GEOGRAPHY of that location and the possibilities of having a Target Outlet at that locality. CEC was started as an approval class, whose approvals are needed to get the store up and running if there is a chance for starting up a new store in any geography (Real-estate managers are responsible for this) Which of the five CPRs should Doug Scovanner accept? Be prepared to explain how each of the considerations that follow influenced your decision: Out of the 8 choices available, I would tell that Scovanner will accept NPV/IRR, Size of the project, Customer demographics, Brand‐awareness impact, Cannibalization of other stores’ sales, because, • NPV and IRR are two main things when coming to Captial Budgeting and the •...
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...PUB 04 , AL Public Budgeting and Finance Mid-term Exam Brandon Alford 4 Discuss the financial controls within governmental agencies, communication of the budgetary process as well as maintaining budget compliance? Local government implements budgets with the common purpose of any financially sound business; to plan and forecast how revenues will be managed. However, local government budget standards are fundamentally different from the common public business enterprises in several important ways. They have different purposes, processes of generating revenues, stakeholders, budgetary obligations, and propensity for longevity. These differences require more stringent audit and financial reporting in order to provide information to meet the same legal and political compliance requirements used to assess government accountability and to make political, social, and economic decisions. Being subject to the constant scrutiny of the public eye is a difficult objective as both, the accomplishments and the mistakes are visible in order to reflect a transparent posture. Nowadays, with the internet, dissemination is a very effective and effortless task. Releasable documents, as more are, become available almost as soon as they are generated. That said, keep in mind that human error, natural disasters, terrorism and other inevitable events may happen and a local government’s efforts and goals to remain in compliance can be destroyed overnight. To mitigate these probabilities...
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