[PDF] Biennial Budgeting eBook

Author : Susan J. Irving
Publisher : DIANE Publishing
Page : 48 pages
File Size : 46,24 MB
Release : 2000-10
Category : Business & Economics
ISBN : 9780756718404

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Congress has periodically expressed interest in converting the Fed. budget process from an annual to a biennial cycle (BC). However, proposals to move to a BC raise a number of concerns. Both opponents and proponents of a BC have used states' experiences to support their positions. Currently, 23 states have all or part of their budget on a BC. This report studies the BC process of Arizona, Connecticut, and Ohio in detail. It examines how: (1) Arizona and Connecticut implemented their transition from an annual to a BC; (2) each of the 3 states budgets in the off year of its cycle, and (3) each of the states incorporates legislative oversight and program evaluation into its BC. Charts and tables.

Author : Carolyn Douglas
Publisher : Nova Science Publishers
Page : 0 pages
File Size : 16,82 MB
Release : 2015
Category : Budget
ISBN : 9781634826730

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Biennial budgeting is a concept that may involve several variations, including two-year budget resolutions, two-year appropriations, and other changes in the timing of legislation related to revenue or spending. Biennial budgeting proposals may focus on enacting budgetary legislation for either a two-year period or two succeeding one-year periods in a single measure. This book discusses options, issues and previous Congressional action in biennial budgeting. The book provides background information on the annual character of the current process and a history of proposals to convert to multi-year budgeting; describes three bills that reflect different approaches to biennial budgeting; analyses the potential effects of converting from annual to biennial budgeting; discusses the federal budget process; and examines challenges and proposals for adopting a long-term budget focus.

Author : Jessica Tollestrup
Publisher :
Page : 17 pages
File Size : 41,75 MB
Release : 2012-11-04
Category :
ISBN : 9781437988475

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Proponents of biennial budgeting have generally advanced three arguments-that a two-year budget cycle would (1) reduce congressional workload by eliminating the need for annual review of routine matters; (2) reserve the second session of each Congress for improved congressional oversight and program review; and (3) allow better long-term planning by the agencies that spend federal funds at the federal, state, or local level.

Author : Jeremy Hope
Publisher : Harvard Business Press
Page : 254 pages
File Size : 45,42 MB
Release : 2003
Category : Administración
ISBN : 1578518660

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The annual budgeting process is a trap. Pressured by fixed targets and performance incentives, managers focus on making the numbers instead of making a difference, meeting set goals instead of maximizing potential. With their compensation at stake, managers often resort to deceitful-even unethical-behavior. In the end, everybody loses-the employee, the company, and ultimately the customer. Now, finance experts Jeremy Hope and Robin Fraser reveal the results of an intensive study aimed at fixing the broken budgeting process. They argue that companies must abandon traditional budgeting contracts in favor of a radical new model that links performance measurement to evolving competitive benchmarks-and shifts the firm's focus from controlling employee behavior to delivering customer value. The Beyond Budgeting model is built on the best practices of companies that have successfully revised their centralized planning and budgeting processes. It combines a leadership vision that devolves more authority to operating managers and a finance vision that enables fast decision making through appropriate tools and accessible information. Through vivid examples, Hope and Fraser illustrate how companies can implement these shared visions-and the long-term benefits that accrue from embracing them. Offering a compelling case for breaking free from the budgeting trap, this book paves the way toward making organizations better places to work for, invest in, and do business with.

Author :
Publisher :
Page : 48 pages
File Size : 48,9 MB
Release : 2000
Category :
ISBN :

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Members of the Congress periodically have expressed interest in converting the federal budget process from an annual to a biennial cycle. These proposals stem in part from frustration over the amount of time spent on the annual budget and appropriations process and the feeling that budget-related actions are both endless and repetitive. Some in the Congress feel that the time spent on these activities has come at the expense of congressional oversight and authorization responsibilities. A biennial budget cycle has been advocated as a way to advance several objectives: (1) provide more focused time for congressional oversight and authorization activities by streamlining the congressional budget process, (2) shift the allocation of agency officials' time from the preparation of budget documents to improved financial management and analysis of program effectiveness, and (3) provide federal managers and state and local recipients of federal funds more certainty in funding over the longer 2- year period. However, proposals to move to a biennial budget cycle raise a number of concerns. To better understand the states' perspectives, it was requested that the General Accounting Office study the biennial budget processes of Arizona, Connecticut, and Ohio in detail. Arizona and Connecticut were selected because they are the only two states that have converted to biennial budgeting in the last 10 years. Ohio was included because among the five states with the highest general fund expenditures, it is the only one that has both a biennial budget process and a legislature that meets annually. In addition, Ohio has been cited as a successful model by advocates of biennial budgeting.