The twenty-first century has witnessed significant changes in the policy and practice of budgeting and financial management at the federal, state, and local government levels. This course will connect budgetary theory with practice and will provide students with budgeting and financial management tools. In this class, students will become familiar with the general context and evolution of public budgeting in the United States. Students will also gain familiarity with the technical aspect of budgetary decision-making. In order to do so, we will: (i) review strategies of various participants; (ii) examine revenue sources, expenditure areas, and balanced budget requirements for all levels of government in an intergovernmental context; (iv) examine personal services, operating, and capital budgets. Students will also learn budgeting techniques and analytical models that will help them with answering important policy questions. This century has raised a number of important financial management issues. As a class, we will discuss topics such as cash management, risk management, procurement, debt management, and cutback management.
To successfully participate in this program, students will need online access. Students can expect our remote teaching to be around 3 hours of synchronous (scheduled) coursework per week, using Zoom and Canvas. Students will have access to alternatives to synchronous participation if necessary.
15 grad/5 upper division undergrad
Course Reference Numbers
Mondays and Wednesdays, 6-10p Second Session