Budget Cycle

Congratulations, you have been hired as the budget director of a small city that has just elected new City Council members. To get everyone on the same page, you will explain the process you will institute in your new role.

Write a 700- to 1,050-word memo that describes the budget cycle and includes:

o Details on the development, execution, and evaluation of the cycle (be specific about the process)

o An explanation of who is responsible or involved in each aspect of budget cycle

o A description of revenue available to the government and how it is to be used