Answer each question with 250 words minimum-
1. The factors that often make expenditure decisions ineffective and inefficient.
2. The challenges of collecting performance data to supplement budgetary decisions.
3. how ‘capital budgeting’ is different from ‘annual budgeting.’
4. Should the public sector fund the development of sports stadiums in the name of economic development? To help answer this question, feel free to search online for cases of a public sector entity funding sports stadium. Additionally, the “Sports Facilities and Economic Development” article which provides an interesting opinion on this issue.
5. In times of retrenchment (i.e. governmental cutbacks), budgets, programs, and departments often are consolidated in order to realize greater cost-savings. Given that the United States has a tremendous number of governmental units (e.g. federal, state, and local governments), what are the challenges of consolidation? How can they be overcome?
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