Public Sector Finance & Control Assignment Example | Topics and Well Written Essays - 1250 words

Public Sector Finance & Control - date ExampleThe council had declares a policy that was to restrict the Council Tax Band D charge to 5% preceding(prenominal) the 2011/12, increasing the charge from 155 to 162.75, consequently, the general revenue being 45, 768, 880. An make up of the charge from the 2011/12 train by 8.2% could be sufficient enough to cover the 53,469,500 general expenditures.Alternatively, certain expenditures toilette be trim back from the books of accounts so that revenue generated from taxes match the expenditures. Theater expenditure, capita programme expenditure, and environmental and health expenditure can be arrived at through public-private partnership. In fact, expenditure should match revenue in the non infixed services. Transferring of certain essential services to be catered for by the central government can be a better substitute to managing the council bills, particularly expenditure on education and health.Through the councilors, the council s hould rally the members to pass the adjustment so that the in demand(p) council tax band d for 2012/2013 is gaind, otherwise at the projected rate of 5% would not achieve the projected revenue demands.A marriage of geographical positioning of the Council Tax Band D equivalent, increase in the charge and reduction in expenditures or a private public arrangement can aid in matching expenditure to revenue. In the United States, water and sewer service, garbage collections read been privatized and these reduce the overall expenditure budget.The budgeting process consists of fundamental chain of activities which can be considered in the succeeding(a) guidelines budgetary framework, budgetary methodologies, and allocation of resources to the budget activities. A budget framework, on the other hand is delimitate by certain critical factors namely timeframe, in the case study, budget as prepared for the 2012/13 financial year, while the previous one was prepared for the 2011/12