Review the links (budgets) below and answer the following questions: How could this city save money, e.g., in the event of a revenue shortfall? Support your analyses presenting major amounts from the Budget and CAFR. At a minimum, questions to examine include:
What are the largest spending programs of your city?
What sources of revenues support those expenditures? Calculate the percentage of own- source revenue out of total revenues.
How many functions (or services) does the city provide? E.g., public works, safety, utilities, parks, etc. Calculate the percentage of expenditure allocated to each of those functions out of total expenditures.
https://www.coj.net/departments/finance/docs/budget/2019-jacksonville-cafr-sec.aspx
https://www.coj.net/departments/finance/docs/budget/fy21-proposed-budget.aspx
Finance and Budgeting
November 2nd, 2020