Estimating Revenues
Using the Executive Summary Guide Case Study Analysis (ESGCSA) for this activity, you will answer questions #4 and #5 after the case study using the ESGCSA. Check the article added for additional information on local government and revenue forecasting.
Your responses to the following questions will be scored based upon the Case Study Analysis/Summary Guidelines.
Questions:
4. What strategy should the manager develop for approaching the council? How should the manager deal with the council’s inclination to view the future as “not too bad”?
What might be the impact on the council of a pessimistic economic report and suggestions for layoffs, tax increases, reductions in services, etc.? What might be the impact on the public?
5. Given the community’s short-term economic prospects, is the manager overestimating the importance of retaining a general fund reserve?
