Fundamentals of Public Budgeting and Finance

ISBN-13: 9783030192259 / Angielski / Twarda / 2019 / 438 str.

Aman Khan

Opis

Budgeting is probably the single most important function in government, considering the amount of money a government spends each year on various expenditure programs and activities, as well as the time it spends in preparing the budget, appropriating funds for these activities and, finally, executing them. This book integrates the complex theory and practice of public budgeting into a single text. Written in a simple, concise and easy to understand manner, The Fundamentals of Public Budgeting and Finance captures the multidimensional perspective of public budgeting that students, as well as practitioners will find useful.

Spis treści

 Preface

        Chapter 1: Introduction: Market System and the Role of Government

                             A Simple Illustration of How the Market System Operates

                             Market Failure and the Need for Government Intervention

                              Non-Market Failure

                              Summary and Conclusion

                              Review Questions

 PART I: BUDGET BACKGROUND

        Chapter 2: Evaluating a Tax System and Related Measures

                             Objectives of Taxation

                             Criteria for Evaluating a Tax System

                             Optimal Tax Structure

                             Methods of Tax Collection

                             Incidence of Taxation

                             Summary and Conclusion

                             Review Questions

        Chapter 3: An Overview of Government Expenditures

                           Types of Government Expenditure  

                              Growth in Government Expenditure

                              Causes of Growth in Government Expenditure 

                              Limits to Growth in Government Expenditure

                              Optimal Government Expenditure

                              Summary and Conclusion

                              Review Questions

                         

        Chapter 4: An Overview of Government Revenues

                             Primary Sources of Revenue

                             Other Sources of Revenue

                             Revenue Capacity

                             Summary and Conclusion

                             Review Questions

  PART II: THE OPERATING BUDGET

        Chapter 5: Understanding the Budget Process

                               A Brief History of Budget Development

                             A Digression on Fund Structure

                             Budget as a Cyclical Process

                             Budget as a Political Process

                             Summary and Conclusion

                             Review Questions

        Chapter 6: Budget Systems, Underlying Structures and Characteristics 

                              Budget Systems and Their Role in the Budget Process

                             Types of Budget Systems

                             Some Common Misconceptions

                             Summary and Conclusion

                             Review Questions 

        Chapter 7: Elements of Budget Forecasting

                       Background and Purpose

                       Forecasting Process 

                       Forecasting Methods

                       Cash-Flow Forecasting

                       Measuring Forecast Errors

                       Forecast Evaluation

                       Summary and Conclusion

                       Review Questions

  PART III: THE CAPITAL BUDGET

        Chapter 8: Capital Budgeting and Improvement Process 

                             Characteristics of a Capital Budget

                             Types of Capital Assets

                             Capital Budgeting and Long-Term Planning

                             Capital Budget Process

                             Impact on the Operating Budget

                             Summary and Conclusion

                             Review Questions

        Chapter 9: Evaluating Capital Projects and Budget Decisions

                              Project Evaluation in Capital Budgeting

                              Methods of Project Evaluation

                              Summary and Conclusion

                              Review Questions

  

      Chapter 10: Capital Rationing and Budget Allocation

                              The Need for Capital Rationing in Government

                              Conventional Approaches to Capital Rationing

                              Alternative Approaches to Capital Rationing

                              Other Programming Methods

                              Application Dilemma

                              Summary and Conclusion

                              Review Questions 

       Chapter 11: Concluding Observations: Some Critical Issues 

                              The Deficit and Debt Problem

                              Expenditure Growth Controversy

                              A Capital Budget for the Federal Government  

                              The Looming State and Local Pension Crisis            

                              Other Related Issues

                              Summary and Conclusion

                              Review Questions

 Appendices

 References

 Index

O autorze

Aman Khan is Professor of Political Science and Public Administration at Texas Tech University, USA where he teaches public budgeting, financial management, cost and managerial accounting, and quantitative methods.