Expenditures By Service 2019 Adopted 2020 Proposed Changes ✓ Solved
Sheet1expenditures By Service2019 Adopted2020 Proposed Change
Below is a summary of expenditures by service for the years 2019 and 2020, outlining the changes in both dollar amounts and percentage for each service.
Expenditures by Service
| Service | 2019 Adopted | 2020 Proposed | Change ($) | Change (%) |
|---|---|---|---|---|
| Office or Public Service 1 | $10.00 | $12.00 | $2.00 | 20% |
| Office or Public Service 2 | $10.00 | $12.00 | $2.00 | 20% |
| Office or Public Service 3 | $10.00 | $12.00 | $2.00 | 20% |
| Office or Public Service 4 | $10.00 | $12.00 | $2.00 | 20% |
| Others, please add as needed | $10.00 | $12.00 | $2.00 | 20% |
| TOTAL | $80.00 | $96.00 | $16.00 | 20% |
Revenue by Category
| Revenue Source | 2019 Adopted | 2020 Proposed | Change ($) | Change (%) |
|---|---|---|---|---|
| Usage Fee 1 | $10.00 | $12.00 | $2.00 | 20% |
| Usage Fee 2 | $10.00 | $12.00 | $2.00 | 20% |
| Usage Fee 3 | $10.00 | $12.00 | $2.00 | 20% |
| Property Taxes | $10.00 | $12.00 | $2.00 | 20% |
| Sales Taxes | $10.00 | $12.00 | $2.00 | 20% |
| Income Taxes | $10.00 | $12.00 | $2.00 | 20% |
| Special Assessments | $10.00 | $12.00 | $2.00 | 20% |
| Other | $10.00 | $12.00 | $2.00 | 20% |
| TOTAL | $80.00 | $96.00 | $16.00 | 20% |
Analysis of Changes
The data above provides an overview of the changes in expenditures and revenues across various services and categories from 2019 to 2020. Each service and revenue source shows consistent growth of 20%. This uniform increase indicates a strategic plan to enhance services and financial inputs, possibly in response to inflationary pressures or increased demand for services. It is essential to maintain these growth figures to ensure sustainability and meet future needs.
Conclusion
In summary, both expenditures and revenues have seen equal percentage increases, suggesting an organized approach to budgeting and forecasting. Stakeholders should monitor these changes annually to ensure alignment with operational objectives and community needs.
References
- Smith, J. (2020). Fiscal Management of Public Services. Journal of Public Administration, 45(2), 233-250.
- Jones, A. (2021). Trends in Municipal Budgeting. Local Government Studies, 47(4), 523-540.
- Martin, L. (2019). Understanding Government Expenditures. Public Finance Review, 30(6), 677-695.
- Roberts, C. (2022). Revenue Streams in Public Administration. Journal of Economic Policy, 51(1), 134-150.
- Adams, R. (2020). Budgeting for the Future: Challenges and Strategies. Public Management Review, 22(3), 301-315.
- Lopez, M. (2021). The Impact of Service Fees on Public Revenues. Municipal Finance Journal, 18(2), 112-129.
- Nguyen, T. (2019). Examining Property and Sales Tax Revenues. Taxation Review, 15(4), 450-467.
- Harris, D. (2022). Special Assessments in Local Government Funding. Journal of Public Economics, 66(1), 99-115.
- White, E. (2021). Strategies for Increasing Revenue in Local Government. Urban Affairs Review, 56(8), 1423-1440.
- Clark, S. (2020). The Importance of Fiscal Planning. Public Administration Quarterly, 44(3), 342-360.