Budgeting AICP
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| show | is the allocation and expenditure of funds to provide service to the public. A budget serves to set spending priorities.
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| What are the two primary types of budgets? | show 🗑
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| What is a operation budget? | show 🗑
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| show | includes long-term purchases, such as a new building, recreation center, water main, or major equipment.Capital Improvements Program (CIP) is a longer range (5-10 year) look at the capital needs of a community. A CIP includes project descriptions, estimat
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| What is a CIP? | show 🗑
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| show | Line Item Budeting, Planning Program and Budget system, Zero Base Budget and Performance BAsed Budget.
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| show | indidual expenditures.
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| What is a PPBS? | show 🗑
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| show | BAsed on decision packages and ranked from highest to lowest priority.
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| show | funding based on performance.
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| What is a PAY AS YOU GO? | show 🗑
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| What are reserve funds? | show 🗑
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| show | are voter-approved bonds for capital improvements. GO Bonds use the tax revenue of the government to pay back the debt;
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| What are revenue bonds? | show 🗑
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| show | Tiffs
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| This type of finance allow a particular group of people to be assessed the cost of a public improvement. Property owners are offered the option of having regular street lights for free or ornamental street lights at their expense. | show 🗑
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| show | Capital Budgeting
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| In planning and budgeting systems, which can be described as having its focus on evaluating and ranking outputs by program? | show 🗑
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| show | Statistical Process Control
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| show | For example, cost revenue analysis could be used to determine the Cost Revenue economic feasibility of annexing various types of land uses into a city.
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| show | Capital Improvement Programming
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| show | Tax increment financing uses bonds secured by the increment in property taxes that results from increases in property values due to specific improvements.
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| This budget refers to facilities planned for the next fiscal year The budget program refers to improvements scheduled in succeeding four to five years This budget is part of a legally binding one year fiscal budget | show 🗑
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| this is a tool that is used to communicate all the relevant information about a real estate development project. It balances the costs of a project against the flow of income which the project will produce. | show 🗑
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| show | Assist city or county officials determine if a project will generate sufficient revenue to defray necessary public service costs.
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| show | Zero Based Budget
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| show | Linear Programing
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| an account that manages the revenues and expenditures of a self-sufficient activity such as a minor league baseball park, parking garage, zoo. | show 🗑
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| show | Enterprise Zone
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| It is a method of financing to provide front end funds in order to assist in large scale redevelopment. | show 🗑
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| What is a Goals - Achivement Matrix utiliezed? | show 🗑
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| show | yES
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| Is a CIP budget par legally binding one year fiscal budget? | show 🗑
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| Does a CIP budget not commit the governement body to spend any money? | show 🗑
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| Financing of improvements in a specific area with bonds that are secured by increases in property taxes in referred to as? | show 🗑
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| An urban area defined as depressed and made eligible for special government assistance for economic development in the form of tax breaks and subsidies is a? | show 🗑
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| a one time fee for a direct improvement? | show 🗑
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| show | Defense department.
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| what was the reason in the 1930s for CIP's? | show 🗑
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| show | Line item budget.
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| This type of budge has a disadvantage that is time-consuming to prepare and requires that goals and objectives be stated in measurable terms. | show 🗑
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| show | Zero-Base Budgeting (ZBB)
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| show | Performance-based budget
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| show | Goals Achievement Matrix (GAM), Gantt Chart, Linear programming, Program Evaluation and Review Technique (PERT, Critical Path Method (CPM).
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| This type of management technique is a is a comprehensive way to evaluate a project. The GAM is a chart that shows the anticipated attainment of a project’s goals and the assignment of accomplishing a goal to a group? | show 🗑
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| This type of management technique This chart focuses on the sequence of tasks necessary for project completion. Each task is represented as a single horizontal bar on an X-Y chart. The X-axis is the time scale over which the project will endure. | show 🗑
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| show | Linear Programming
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| This type of management technique is a scheduling method that graphically illustrates the interrelationships of project tasks. | show 🗑
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| This type of management technique has a project task has a known amount of time to complete and cannot be completed before the previous one is completed. | show 🗑
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| show | Planning Programming Budgetary System
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| show | it focuses on the fundamental objective or proposed of a program
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| PPBS 2nd distinct characterisitic | show 🗑
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| show | it considers all cost
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| PPBS 4th distinct characteristic | show 🗑
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| show | Coupon rate.
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| show | focused on evaluating and ranking outputs
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| show | Capital Budgeting
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| This type of budget uses categories on division by programs and sevices. | show 🗑
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| Relevancy, Consistancy and Comparibility are principal advantages to what code adopted in 1994? | show 🗑
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| show | Reserve Funds
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| In financing, what can be described as, "funds that are accumulated in advance for capital purchase or construction."? | show 🗑
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| What budgeting model can be described as involving capital projects that are linked to a comprehensive plan? | show 🗑
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