Charles E. Menifield

Connecting budgetary theory with practical tools, Charles E. Menifield carefully examines the key areas that every budgeting and financial management student needs to know in order to be a successful budgeteer in a local government, nonprofit, or state-level budget office. From the perspective of a bureaucrat, students examine various concepts and then work through in-class and out-of-class exercises and problems to reinforce those concepts and ideas through practical applications. Menifield provides an overview of the basic budgeting concepts, types, and techniques to orient students, along with discussion of budget cycles and the actors involved in the process. Chapters unfold to present personal services, operating, and capital budgets, as well as the various ways to fund public budgets. Students will gain an understanding of budgeting techniques and analytical models, but also how these methods are useful in answering important policy questions. Other topics include cash management, risk management, procurement, debt management, incentivizing economic development, and cutback management strategies. Menifield concludes with an examination of different data sources, data quality and appropriateness, and the different ways to communicate budget data effectively using charts, graphs, and slides.Each chapter provides the student with a list of important terms, phrases, and exercises that require the students to apply what they have learned in each chapter using only basic office applications. The Fifth Edition of the book provides in-class exercises for each chapter, allowing students not only to compare their responses to their peers in small groups, but also to present those responses to the entire class with the goal of improving their presentation skills. This book blends budgetary theory and practice in a volume that is easy to understand by both undergraduate and graduate students alike.

Connecting budgetary theory with practical tools, Charles E. Menifield carefully examines the key areas that every budgeting and financial management student needs to know in order to be a successful budgeteer in a local government, nonprofit, or state-level budget office. From the perspective of a bureaucrat, students examine various concepts and then work through in-class and out-of-class exercises and problems to reinforce those concepts and ideas through practical applications. Menifield provides an overview of the basic budgeting concepts, types, and techniques to orient students, along with discussion of budget cycles and the actors involved in the process. Chapters unfold to present personal services, operating, and capital budgets, as well as the various ways to fund public budgets. Students will gain an understanding of budgeting techniques and analytical models, but also how these methods are useful in answering important policy questions. Other topics include cash management, risk management, procurement, debt management, incentivizing economic development, and cutback management strategies. Menifield concludes with an examination of different data sources, data quality and appropriateness, and the different ways to communicate budget data effectively using charts, graphs, and slides.Each chapter provides the student with a list of important terms, phrases, and exercises that require the students to apply what they have learned in each chapter using only basic office applications. The Fifth Edition of the book provides in-class exercises for each chapter, allowing students not only to compare their responses to their peers in small groups, but also to present those responses to the entire class with the goal of improving their presentation skills. This book blends budgetary theory and practice in a volume that is easy to understand by both undergraduate and graduate students alike.

In The Basics of Public Budgeting and Financial Management: A Handbook for Academics and Practitioners, 4th Edition, Charles E. Menifield carefully examines the key areas that every budgeting and financial management student needs to know in order to be a successful budgeteer in a local government, nonprofit, or state-level budget office. His analysis includes a discussion of: basic budgeting concepts; accounting techniques; a discussion of the budget process; budget techniques and analytical models; capital and personnel budgets; financial management; and budget presentations. Homework assignments reinforce the various subjects with practical applications that allow the students to reflect and engage the material in a realistic manner. This book blends budgetary theory and practice in a volume that is easy to understand by both undergraduate and graduate students alike.

Comparative Public Budgeting and Finance is a collection of original chapters examining public budgeting issues, methods, and techniques in countries around the world. Each chapter: --explores the history of the budget system and how it fits within the political system in the country, as well as the legal foundation and any reforms that affect the budget system. A discussion of revenue and expenditure allocations is included in each section. --provides the reader with political, demographic and economic background information on each country along with a detailed analysis of the budgeting process. This information is reinforced with charts, tables and figures. In addition, questions at the end of each chapter will provide the students with key concepts to focus on. --also examines topics such as: budget behavior and decision making, capital budgeting, analytical processes, budget processes, intergovernmental relations, budget reform, performance budgeting, and financial management. --concludes with a list of thought provoking questions, an appendix, end notes and a glossary which provides a point of departure for classroom discussion as well as individual student research on each country. Appropriate Courses: Primary Course Title: Comparative Budgeting. Primary Department: Public Administration. Secondary Course: Budget and Finance. Secondary Department: Public Affairs, Department of Political Science, or Public Affairs. This book is specifically designed for a graduate level course in budgeting. There are no other books currently on the market that examine budgeting in a comparative sense that focuses on individual countries. So, rather than utilize a lot of articles from journals a faculty member can use one text and use the articles as supplemental documents. This is the greatest benefit. The second benefit is the instructor’s manual with the lecture outline and power point slides. The instructor should have minimal preparation for the course and students can simply read the questions at the end of the chapter to see where they should focus their attention. The book stands out because it is a one of kind in an area that has massed considerable attention in the last year given the credit crunch that has occurred world wide. It is important from a pedagogical standpoint to provide the instructor with as much information and tools as possible given the need to fully utilize technology in the classroom. 1. Does the book have questions at the end of the chapters? 2. Does the book provide power point slides? 3. Does the book provide an instructor’s manual. 4. Does the book critically assess the subject matter and cause students to think? 5. Does the book address the issues in a coherent fashion? There are no books that examine comparative budgeting utilizing this paradigm, a country by country examination. Books that are on the market utilize a thematic approach and then use country examples when discussing those themes. For example: Anwar Shah (ed). Budgeting and Budgetary Institutions, 2007/ The World Bank.