This course overviews the components related to managing public finances, including the sources of revenue from various taxes and fees, and the determinations for sharing revenues across competing government priorities. Cash management, debt management and government accounting are covered. This course also examines creating and using budgets for planning and decision making, along with transparent processes for internal and external review of budgets.
Upon completion of the course, students are expected to be able to do the following:
- Apply fundamentals of public finance.
- Examine the effective use and limitations of various sources of revenue.
- Articulate public process for internal and external review of budgets.
- Identify alternative funding sources.
- Integrate source materials and forecasting tools to create and manage public budgets.
- Identify financial trends and their impact on public sector finance.
- Analyze the ethical practices of financial resource allocation.
- Analyze financial data for decision making and planning.