Centralized Budgeting Debate on Granting of Budget Authority

Centralized Budgeting Debate on Granting of Budget Authority

Name

Institution

Should budget authority be granted across multiple levels in a criminal justice organization or centralized by a separate city or government unit?

Centralized Budgeting Debate on Granting of Budget Authority

I have prepared this paper in a manner that will bring out the clear picture of a debate on the question as to who should be granted budget authority. In a bid to do this, I have therefore sub-divided this paper into t6wo major sections that propose from one angle and oppose from the other.

Budget Authority should be granted to one of the government units like say the Treasury (Executive Office of the President of the United States: 2013). Government offices are allowed to go into commitments that outcome in prompt or future expenses just when they have been conceded specialist to do as such by law.

I would in this way bolster an administration unit being allowed the spending expert since this;

On the other hand, with regard to opposition of the fact about granting budget authority to the government units, there are some draw backs associated with such actions. I would consider not approving of such a move as the budget is considered to be the heart and backbone of any state or nation. Therefore there should be initial prerequisites to be considered before plunging into such a delicate proposition (Pattanayak S, Fainboim Y. I. & International Monetary Fund. 2010).

1. Permits finish and auspicious data on government money assets.
2. Enhances assignment control.
3. Enhances operational control amid spending execution.
4. Empowers effective money administration.
5. Encourages effective installment instruments
6. Enhances bank compromise and nature of financial information.

This is clear as based on the fatal and credulous outcomes that can befall a state in case there is such a mistake done including;

References

1. Government units only consider financial outcomes based on budgeting.
2. Government units are associated with frequent blames for outcomes.
3. There is high risk of gaming the system with political propaganda.
4. There is likelihood of rigid decision making during budget formulation period.
5. These units base on budgetary assumptions which are too far from the operating conditions under which it was formulated.
6. Government units operate on a use it-or-lose it basis which might become tricky when considering budget formulation.

Brostek, M. (1999). Citizen’s guide to the federal budget, and the budget system and concepts. Place of publication not identified: Diane Pub Co.

Executive Office of the President of the United States:. (2013). Budget of U.S. Government: Fiscal year 2014 : analytical perspectives. Washington D.C: US Government Printing Office.

Pattanayak, S., Fainboim, Y. I., & International Monetary Fund. (2010). Treasury single account: Concept, design and implementation issues. Washington, D.C.: International Monetary Fund.