Analysis of Fiscal Options Available to the Parks & Recreation Department of West Sacramento During a Period of Economic Contraction

Analysis of Fiscal Options Available to the Parks & Recreation Department of West Sacramento During a Period of Economic Contraction PDF Author: Kevin Michael Schroeder
Publisher:
ISBN:
Category :
Languages : en
Pages : 154

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Book Description
The national economic recession has created budget shortfalls for various levels of government. California municipal government has experienced significant declines in property and sales taxes. The City of West Sacramento is suffering this same fate. As a result, in November 2009 14% was cut from the operational budget of the West Sacramento Parks & Recreation Department. This forced the department to make hasty decisions to operate within the confines of their new budget. With the economy still very much in turmoil, it is vital that the department positions themselves in case they receive additional cuts. This study analyzes the situation and asks what are the best options for the West Sacramento Parks & Recreation Department to pursue in order to resolve the potential fiscal constraints that may be imposed upon them as a result of the current economic recession. Sources of Data: Data comes from the City of West Sacramento Finance Department, the West Sacramento Parks & Recreation Department and from media sources. Conclusions Reached: The results of this research show that there are some preferable options available to the West Sacramento Parks & Recreation Department to pursue in order to resolve fiscal constraints. Strong showings emerge for the department utilizing the alternatives of donations and gifts, using volunteers, and government grants. The strong showing for these alternatives relates to their top equity and political feasibility measures. It is surprising that the alternatives that produce the greatest financial benefits fare poorly in this study. These alternatives include raising taxes, closing the department, and cutting labor and services. This relates to their poor equity and political feasibility measures. Altogether, this demonstrates the importance of incorporating equity and political feasibility considerations into the public decision-making process. The broader implications are the applicability of this study to other park and recreation agencies, and even to other agencies of government. The results of this CAM analysis may provide useful insight into the tactics and strategies agencies can pursue in order to meet their fiscal challenges. Using this model, agencies can perform their own CAM analysis tailored to their own environment and realities.

Analysis of Fiscal Options Available to the Parks & Recreation Department of West Sacramento During a Period of Economic Contraction

Analysis of Fiscal Options Available to the Parks & Recreation Department of West Sacramento During a Period of Economic Contraction PDF Author: Kevin Michael Schroeder
Publisher:
ISBN:
Category :
Languages : en
Pages : 154

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Book Description
The national economic recession has created budget shortfalls for various levels of government. California municipal government has experienced significant declines in property and sales taxes. The City of West Sacramento is suffering this same fate. As a result, in November 2009 14% was cut from the operational budget of the West Sacramento Parks & Recreation Department. This forced the department to make hasty decisions to operate within the confines of their new budget. With the economy still very much in turmoil, it is vital that the department positions themselves in case they receive additional cuts. This study analyzes the situation and asks what are the best options for the West Sacramento Parks & Recreation Department to pursue in order to resolve the potential fiscal constraints that may be imposed upon them as a result of the current economic recession. Sources of Data: Data comes from the City of West Sacramento Finance Department, the West Sacramento Parks & Recreation Department and from media sources. Conclusions Reached: The results of this research show that there are some preferable options available to the West Sacramento Parks & Recreation Department to pursue in order to resolve fiscal constraints. Strong showings emerge for the department utilizing the alternatives of donations and gifts, using volunteers, and government grants. The strong showing for these alternatives relates to their top equity and political feasibility measures. It is surprising that the alternatives that produce the greatest financial benefits fare poorly in this study. These alternatives include raising taxes, closing the department, and cutting labor and services. This relates to their poor equity and political feasibility measures. Altogether, this demonstrates the importance of incorporating equity and political feasibility considerations into the public decision-making process. The broader implications are the applicability of this study to other park and recreation agencies, and even to other agencies of government. The results of this CAM analysis may provide useful insight into the tactics and strategies agencies can pursue in order to meet their fiscal challenges. Using this model, agencies can perform their own CAM analysis tailored to their own environment and realities.

Performance Based Budget

Performance Based Budget PDF Author: California. Department of Parks and Recreation
Publisher:
ISBN:
Category : Parks
Languages : en
Pages : 56

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Responding to the Challenge of Fiscal Stress : is the Public Entrepreneurial Approach the Answer?

Responding to the Challenge of Fiscal Stress : is the Public Entrepreneurial Approach the Answer? PDF Author: Edwin I. Rudd
Publisher:
ISBN:
Category : Municipal finance
Languages : en
Pages : 606

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Parks for Sacramento

Parks for Sacramento PDF Author: Sacramento (Calif.). Department of Recreation and Parks
Publisher:
ISBN:
Category : Parks
Languages : en
Pages :

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Budgeting for Development at State Park Sites

Budgeting for Development at State Park Sites PDF Author: Baxter, McDonald, and Company
Publisher:
ISBN:
Category : Parks
Languages : en
Pages : 74

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The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report PDF Author: Financial Crisis Inquiry Commission
Publisher: Cosimo, Inc.
ISBN: 1616405414
Category : Political Science
Languages : en
Pages : 692

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Book Description
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

Measure B Parks, Security and Improvement Funding

Measure B Parks, Security and Improvement Funding PDF Author: Sacramento County (Calif.). Department of Parks and Recreation
Publisher:
ISBN:
Category : Elections
Languages : en
Pages : 1

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Parks for Sacramento

Parks for Sacramento PDF Author: Sacramento (Calif.). Department of Recreation and Parks
Publisher:
ISBN:
Category : Parks
Languages : en
Pages : 20

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An Analysis of Innovative Fiscal Strategies in Local Public Recreation and Park Agencies

An Analysis of Innovative Fiscal Strategies in Local Public Recreation and Park Agencies PDF Author: Martin Philip Schwartz
Publisher:
ISBN:
Category : Parks
Languages : en
Pages : 310

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West Sacramento Comparative Analysis

West Sacramento Comparative Analysis PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 38

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