Budgets: Agencies Book Report

Pages: 2 (620 words)  ·  Bibliography Sources: 2  ·  File: .docx  ·  Level: Master's  ·  Topic: Economics

Buy full Download Microsoft Word File paper
for $19.77
Agency Budgets

For purposes of this discussion, I will concern myself with the budgets of three agencies. These include: the U.S. Environmental Protection Agency, the U.S. Federal Bureau of Investigation (FBI), and the U.S. Small Business Administration.

The Budgets in Brief

It is important to note, from the onset, that "budget formulation and execution are a major part of financial management, for through budgets money is distributed in attempt to meet social demand for goods and services" (McCaffery and Jones, 2001, p. 33).

The budgets of the three agencies highlighted above are all presented as plans to control future results/operations. They are presented as tools for the achievement of desired outcomes. The U.S. Environmental Protection Agency budget for the financial year 2015, in brief, seeks to support "implementation of the EPA's priorities through focused efforts to develop and implement creative, flexible, cost-effective, common sense and sustainable actions to fight climate change, to protect public health, and to safeguard the environment" (EPA, 2014). For this, the agency seeks a total of $7.89 billion. It should be noted that this is approximately 4% less than the agency's FY 2014 enacted budget.

Next, we have the FBI, with a Financial Year 2015 budget request of $8,374 million. It should be noted that this particular budget exceeds the agency's Financial Year 2014 enacted budget by approximately $3.9 million -- representing a 0.05% increase. A significant portion of the FY 2015 budget request, in this case, goes to the payment of salaries.

The U.S. Small Business Administration budget submission for the FY 2015 is designed to further enhance the agency's ability to offer assistance to small enterprises by, amongst other things, improving the said businesses' "access to capital, federal contracting opportunities, entrepreneurial development, and disaster assistance" (SBA, 2014). For the FY 2015, the agency requests a total of $710 million, which is essentially $100 million… [END OF PREVIEW] . . . READ MORE

Two Ordering Options:

?
Which Option Should I Choose?
1.  Buy full paper (2 pages)Download Microsoft Word File

Download the perfectly formatted MS Word file!

- or -

2.  Write a NEW paper for me!✍🏻

We'll follow your exact instructions!
Chat with the writer 24/7.

Education Budget Cuts Term Paper


Budget Legislation Discussion and Results Chapter


Budgeting Process in Criminal Justice Research Paper


Budget Planning Thesis


Budget and Finance Term Paper


View 999 other related papers  >>

Cite This Book Report:

APA Format

Budgets: Agencies.  (2014, May 13).  Retrieved January 25, 2020, from https://www.essaytown.com/subjects/paper/budgets-agencies/3167983

MLA Format

"Budgets: Agencies."  13 May 2014.  Web.  25 January 2020. <https://www.essaytown.com/subjects/paper/budgets-agencies/3167983>.

Chicago Format

"Budgets: Agencies."  Essaytown.com.  May 13, 2014.  Accessed January 25, 2020.
https://www.essaytown.com/subjects/paper/budgets-agencies/3167983.