lease turn in a reflection paper here that discusses what you learned this week especially related to the learning outcomes. A good practice would be to carefully review the outcomes before you begin to read the resources and texts. The objective of the paper is to review the benefits of your learning for your job or your personal edification. If you are an in-service student, applications to your job would be very appropriate. If you are a pre-service student please reflect on how the learning outcomes may or may not be compatible with your overall learning objectives. This reflection paper needs only to be about 1 to 2 pages in length. In addition, please log on to the form below to indicate your measures of success from the learning outcomes. Learning Outcomes: -Recite the differences between public budgeting and private sector budgeting. -Analyze the importance of budget cycles. -Explain why balanced budgets are essential to public budgeting. In our first week together we will study the complexity and constraints of public budgeting and the economic, social, and legal context in which local government budgeting takes place. Comparisons between budgeting in the private and public sector help bring home key points. The chapter discusses roles and responsibilities in public sector budgeting, focusing particular attention on the key role played by citizens. The chapter also looks at an overview of the changes that have taken place in the structure of public budgeting and types of budgets that can be used to reinforce the importance of balancing efficiency, control, accountability, and effectiveness.
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