Government  Budgeting

  
     
 
•Federal Budget - Model
–http://www.budgetsim.org/nbs/
–Student adjusts spending and tax expenditures in the 2006 budget in order to achieve either a balanced budget or any other target deficit
 
     
 

•State Budget Models

–MassBalance •www.playmassbalance.com/

–BudgetUtah  •http://governor.utah.gov/gopb/budget.html

 

Both State models provide an opportunity to view issues and make decisions on budget priorities

 

  
 

Evaluation of MassBalance

  
 
Criteria
Cost
 
Administer
Operate
 
Objective
 
Debrief
Assess
Level 1
Value 1
High
High Complexity
High Learning
Curve
Relates to One
None
None
Level 2
Value 2
Med
Medium Complexity
Moderate
 Learning
 Curve
Relates to Several
Indirectly
Reinforces
 
Low
Level
Level 3
Value 3
Low
Some complexity after set up
Low
Learning
Curve
Achieves One or More
Reinforces
Some
Provides Team
Level 4
Value 4
Free
No facilitation after set-up
Immediate
Application
Integrates Most
Reinforces Learning
Provides Individual

 

  
  Summary of ED MAP Simulations - not evaluated

SIMZ-ACCT-0031         Developing Capital and Operating Budgets

The budget plays an important role in structuring the finances of any public entity and funding for programs depends on policy decisions taken by the entity. It is a reality of public financing that allocation of scarce resources has to be prioritized on the basis of a mix of social, economic, regulatory and political parameters rather than on economic principles alone. This simulation looks at how the Capital Improvement Plan becomes the long-term blueprint for a city's continued growth and development. In addition, the simulation examines the capital and operating budgets processes, methods of raising finance and how a capital expenditure invariably influences the operating budget.