Reference no: EM133585759
Questions: Assume the implementation of a $100 billion federal budget to improve the harbor infrastructure in several important US harbors. Please address the following questions/statements
1. If the original federal infrastructure budget includes a small portion of funds that gives states the incentive to increase the investment by using fund and match the state investment, what kind of a budget should the state legislature pass in order to take advantage of the matching feature of the federal budget?
2. How does a state budget approval process differ from the federal budget approval process? (use your own state as a reference to answer this question or a state of your choice that actually has such infrastructure: California, Florida, Texas, Virginia, New York, etc.).
3. Do you think that the original federal budget should be designed as a Performance -Based or Zero-Based Budget? List and discuss 2 advantages and disadvantages for the budget being designed as a Zero-Based budget.
4. Specify 2 risks involved in implementing the original budget and discuss ways to manage these risks.
5. What type of controls should be put in place in the budgetary process in order to evaluate the progress of the implementation and provide corrective actions in case the budget gets of track in terms of expenditures or deadlines.
6. In your summary, address why you believe knowledge of public budgeting is important to a Public Administrator