FIU Budgeting Discussion

Discussion post: You must post your original answer on Thursday by 11:59 pm before responding to another student’s post by Sunday 11:59 pm. • • • • • • One (1) original post by Thursday at 11:59 pm and one (1) response post by Sunday 11:59 pm are required per assigned discussion (The system requires you to post an original post before a response, it will not allow a response without an original post!) The original post should be a minimum of 300 words, and 30 lines. The approximate length of the response post is 100 words, 10 lines. Two posts are required by the stated deadline, Sunday at 11:59 pm. Discussion posts will be graded within a week. Each discussion forum is worth 5 points. Answer these questions in your original post (please remember to cite in-text using module resources): 1. Budgeting is technical and political. In what sense is the preparation of the annual executive budget a technical task? How and why is the process of preparing and approving the executive budget highly political? 2. What are the most and least effective ways to engage various stakeholders in the budget-making process? How can we structure budget processes to minimize conflict and maximize engagement? 3. What is a good budgeting process? Are our budgeting processes working well? What changes in the system can make improvements in budgetary processes? 4. As a public manager, what is the best way to respond to a potential budget cut? Explain your two preferred strategies, one on preparation, one on approval. How about when expanding programs? Are they different? Additional Resources: https://www.youtube.com/watch?v=mLVaOY2PN4A&t=22s https://www.youtube.com/watch?v=wgsb6nZQQMM