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Posted: February 24th, 2022
Local City Budget Allocation Economic Report essay
You are a public official elected at the local city level who serves a population of 50,000 to 250,000 people. A budget of 10 million dollars has been allocated to you by the city manager, and you can get up to 100% of this amount in matching federal funds if you meet the federal standards.
You have been asked by the mayor to determine how to allocate the budget to best support the needs of the city. These could include, but not be limited to, supporting capital requirements, operational requirements, and subsidizing nonprofit organizations, or using economic incentives to bring new private concerns into the city.
Prepare a report for the mayor and city council on your proposed expenditure plan. In your report, reflect on the financial, legal, and alternative health care models.
In addition, reinforce your knowledge of strategic planning and capital budgeting by using an electronic spreadsheet to display the financials.
Must be 8 to 10 double-spaced pages in length and formatted according to APA style.
Must use eight scholarly and /or peer-reviewed sources, and document all sources in APA style.
You’re a city official with a population of 50,000 to 250,000 people who was elected at the local level. The city manager has set aside a budget of $10 million for you, and if you meet federal requirements, you might receive up to 100% of that amount in matching federal funding.
The mayor has requested you to figure out how to effectively allocate the budget to meet the city’s demands. These could include, but are not limited to, financing capital needs, operational needs, and nonprofit organization subsidies, as well as using economic incentives to attract new private businesses to the city.
Prepare a report on your recommended spending plan for the mayor and city council. Consider t
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