Government Budget Financial Midterm
Why are local governments subordinate to the state government in which they reside?2.What are the basic principles of democratic theory and why are they important to local governments?3.What are intergovernmental transfers and why are they important for local governments based upon the principles of democratic theory?4.Please identify the four forms of local government structures and then elaborate on which of them exists in the municipality you examined in your homework assignment?5.Generally, local governments are facing multiple funding challenges in providing services and programs to its citizens, please identify two of the major issues currently facing most cities/towns and elaborate on the potential budgetary impact.6.Who are the major budget actors and what are the specific roles of each?7.Why do public budgets promote efficiency and effectiveness?8.In the local governmental budgeting process, who is responsible for setting funding priorities, building consensus, implementation, and performance outcomes? What is the role of the legislative branch in this process?9.Why is it important for local governments, non-profits, and the private sector to collaborate on addressing complex community problems?10.Please identify at least three ways that your local government affects your daily life, then identify what are the sources of funding to carry out those functions—recall, that services such as water, building permits, etc. are fee based funding sources. In your opinion, is the service/program effective, and is the funding adequate? If not, what would you propose to improve funding for that service/program?