Students will complete an applied project related to public budgeting and finance using a learning contract to define the scope of the project and the evaluation criteria. The idea behind a learning contract is that each student defines what s/he wants to learn or accomplish and how they intend to learn/accomplish it; it opens up the possibility of doing something for your major project other than a research paper. The contract is similar to a syllabus, except it is developed by the student and tailored to each student’s interests.
Possible projects include: analyzing an agency’s budget process (using the four phases of the process as a guide), analyzing the financial condition of a city or other public organization (there is an International City Management Association book with an example of a format for this), writing a comprehensive purchasing or risk management policy for an organization, preparing a research report on an aspect of financial management or public budgeting, making a documentary on state- or local-level budget-makers, developing a training guide or instructional video on a public budgeting and finance topic, organizing a workshop, reviewing legislation / regulations / court rulings on a complex issue and developing a lay-person’s guide to the legal status of that issue, or any other topic of interest to the student and public administrators. In selecting a topic, students are strongly encouraged to consult with officials in a public or non-profit organization and to tailor the project to meet a public budgeting or financial management need of that organization. In summary, you determine the subject matter and the nature of the project
There are four components to this project:
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