Directions
In preparing this project the student will be analyzing the FY2010-2011 North Kansas City Annual Budget Download FY2010-2011 North Kansas City Annual Budget (also located in Files) and developing recommendations for decreases in the next fiscal year’s budget. Revenues for the City have decreased and some expenses increased:
- The funds generated by Harrah’s Casino are down by 5%, City Sales Tax is down 4.5%.
- Employee health insurance expenses will rise at the same rate as the previous year.
- Fuel taxes have decreased by 4.5%.
- The City of Kansas City will be increasing the fees charged for pollution control by 13%.
- Water services purchased from the City of Kansas City will increase by 7%.
- The City has taken over $2.6 million from the property tax rolls by purchasing property for redevelopment.
- The City’s contribution to the Police and Fireman’s Retirement Fund is behind by $2.5 million, causing the fund to be underfunded.
- The General Fund revenues will decrease by $3.5 million.
Remember state law requires the budget be balanced, so the student must examine all the above listed factors in developing their recommendations.
In completing the assignment please refer to the below description of what the student must address:
- Analyzing the North Kansas City Annual Budget and identifying areas where the budget can be reduced.
- Make decisions on how to reduce expenses, as he/she defends the reductions based on public policy.
- Formulate a paper outlining his/her justification for the reduction of expenses, explaining how public policy will be affected.
- Use the communications techniques learned during the course.
The paper will consist of at least 10 pages and written using the Turabian, A Manual for Writers of Research Papers, Theses, and Dissertations. The student must use at least six outside sources in his/her research.
Please review Grading Rubric to fully understand what constitutes a Core Assessment that Exceeds Expectations.