This paper details, compares and contrasts the different processes involved in budgeting on the state level and on the federal level.
Written in 2002; 1,109 words; 3 sources; MLA; $ 38.95
Paper Summary:
This paper, using Pennsylvania as a model, demonstrates the differences between state budgeting policies and federal budgeting policies. It shows how the budgeting techniques in the federal government have some major differences, when compared to those in the Pennsylvania State government; these differences include a lack of a separate capital budget, different budget cycles and timelines, and budgetary policy differences.
From the Paper:
"The federal government uses only one budget to lay out its financial obligations, whereas Pennsylvania uses two separate budgets. The single operating budget used by the federal government is required to outline federal expenditures from purchases to service contracts. Pennsylvania, however, has one budget that outlines services, entitlements and education expenses, and a different budget to make new purchases on capital improvements. The former is called the General Fund, and the latter is the Capital budget. Pennsylvania uses two budgets because the General Fund is used for purchases and contracts that will take place within that fiscal year, and the Capital budget is used to forecast capital purchases in the next five years. In this manner, Pennsylvania can keep better track of its assets and have a tighter grip on where its money is spent. The biggest advantage to having a separate budget for capital improvements is it allows the possibility of change. When funding is appropriated on the federal level, the department gets its money all at once and builds whatever it needs. For a state, though, a program may be feasible at the time of its announcement, but may have to be restricted due to extenuating circumstances (i.e. September 11th and the economic downfall.) "
We have thousands of high-quality term papers, research papers, essays, book reports and dissertations on every topic. At AcaDemon, you can download those term papers to help you write yours! You can be sure that the term paper, essay, book report or research paper you download are top-quality, competitively priced and high-level work.
This Free Term Paper Abstract is a part of our Term Paper Library.Here you can purchase research papers, examples of essays, academic dissertations, articles, notes, analytical papers, book reports, stories and poems. We have thousands of persuasive, point-of-view, narrative, critical, compare and contrast and other types of essays in our Library. You can also find here Term papers on "State Budgeting vs. Federal Budgeting", Essays on "State Budgeting vs. Federal Budgeting", Research papers on "State Budgeting vs. Federal Budgeting", Student papers on "State Budgeting vs. Federal Budgeting", Book reports on "State Budgeting vs. Federal Budgeting", Dissertation on "State Budgeting vs. Federal Budgeting", Thesis on "State Budgeting vs. Federal Budgeting", Summary of paper on "State Budgeting vs. Federal Budgeting", Articles written on "State Budgeting vs. Federal Budgeting".
Look for more research papers, essays and book reports on