PBPL840

This course will focus on the practical aspects of public budgeting, finance, and financial management in the policy making process. It will begin with the "how to's" of budget development, from estimating and projecting revenues to deconstructing expenditures in order to develop the best estimates. Where appropriate, elements of public finance theory will be introduced and discussed as it relates to practical budget and financial management Both the bonding process and the complications related to third party service provision will be addressed. We will utilize practical tools for budget and financial management, such as results-based accountability, performance contracting, and reviewing budget to actual data together with projected to actual service data on a regular basis.