University of Maine Financial Tools for Law Enforcement Questions

Description

Part A

Provide some examples of financial tools that can be used to improve managerial decision-making in criminal justice and security. In your opinion, what is the one financial tool that you absolutely would need if you were a budget analyst, and why?

What value does the master budget have in providing strategic direction for an organization? Do you feel the master budget is useful to citizen stakeholders to identify how the government will meet their needs?

Part B
Exam Content

Budget analysts provide financial analysis to legislators, evaluate how healthy a program is, assess policy, and draft budget-related legislation.

Imagine you are a budget analyst for a state or local (municipal or county) criminal justice or security agency. Review the most recent budget for that agency. Provide an analysis for your agency director of revenue sources used to support agency operations and financial tools that will be helpful to the agency.

Identify the criminal justice or security agency you have chosen.

Search the state, county, or municipality website and find the most recent budget. Your chosen agency will be one of those listed in the respective budget. For example, if the chosen agency is the Cook County sheriff in Illinois, search online for ïok County sheriff budget/r ïok County budget. hen search for ïok County sheriff)n the master budget.

Not all local governments post their budgets online. If you cannot find the budget for your chosen criminal justice or security agency, ask your instructor for some assistance, or select your state budget.

Write a 525- to 700-word analysis in which you:

Identify and describe the fund sources or revenues (e.g., general fund revenue from shared sales taxes and property taxes).

Provide a table of the revenue amounts used in the last budget and describe any limitations of those revenue sources (e.g., drug prevention grant funds can only be spent on programs that reduce drug use).

Describe at least one strength and one weakness of each revenue source (e.g., a strength of general fund revenue is that it is a reliable source, and a weakness is that if there is a recession, less general fund revenue will be collected).

Identify any financial tools that may be helpful to the agency and discuss how they would be effective.

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