Budget Proposal-cost worksheet

Budget Proposal-cost worksheet

The issue of illegal gun trafficking has been on the rise in the United States due to the increased number of ghost guns. According to Braga et al. (2022), illegal guns make up 50% of guns recovered from various crime scenes in the California region. Additionally, individuals caught with illegal guns are not permitted legally to own firearms. Since the issue has been rising, it is necessary to address it. Braga et al. (2022) note that due to illegal gun trafficking, underage children have gotten a chance to lay their hands on these arms. Therefore, a budget is needed to address this notable issue. The following cost worksheet presents items to be included in the budget.

The U.S. president, Joe Biden, suggested a budget of $17.4 billion for the fight against violent crimes. In the proposed budget, it is recommended that a total of $2,350,000 should be allocated to fighting ghost guns, which are at the core of illegal gun trafficking. To break down the amount further, $735,000 should be used for operating expenses such as transportation, $ 500,000 for staffing, $565,000 for equipment, and $550,000 for investigations. The budget proposal is expected to address the issue of illegal gun trafficking by supporting investigations that will track the loopholes used by perpetrators and close them. Also, the perpetrators will be apprehended and subjected to the criminal justice system.

It is important to ensure accurate and complete reporting for the proposed budget. Notably, this can be achieved by ensuring all costs are tracked from allocation to actual spending. As shown in receipts and invoices, financial statements will be prepared to account for every allocated fund. There will be various guardrails set to ensure accurate and complete reporting. First, preparing financial statements will follow accounting guidelines as required by public accounting standards (Ho, 2018). Second, a budgetary committee should be set up to oversee the budget implementation as planned. Finally, using a centralized budget that a common center of authority governs will ensure no confusion affects the budget process. Thus, accuracy and completeness will be achieved. Funding the budget will rely entirely on the Federal Government’s allocation as part of President Biden’s $17.4 billion set aside to fight violent crimes. Since the government will fund the budget, it will take an example of a police-created budget.

The use of centralized budgeting has various issues that should be taken into account. A centralized budget ensures there is a clear path for communication and command. Staff members will likely encounter no confusion in reporting systems as they understand the reporting authorities in budget preparation and implementation. Thus, having a centralized budget is beneficial to the organization. However, this does not mean that a centralized budget is perfect because it has its share of demerits. Notably, a centralized budget can delay the achievement of objectives due to long processes and bureaucracies involved in the reporting levels. Further, a centralized budget can entail more pressure on workers than required. The outcome of this pressure may include errors that are not called for in the first place. Considering the central budget proposed, a trend of overworking is observed on the staff’s part. Notably, this can influence the achievement of the overall purpose of budgeting. The leadership should ensure this trend does not happen and that the goal of the budget is achieved because illegal gun trafficking is a serious issue that requires urgent attention.

References

Braga, A. A., Barao, L. M., Wintemute, G. J., Valle, S., & Valente, J. (2022). Privately manufactured firearms, newly purchased firearms, and the rise of urban gun violence. Preventive medicine, 165, 107231.

Ho, A. T. K. (2018). From performance budgeting to performance budget management: Theory and practice. Public Administration Review, 78(5), 748–758.

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Write your budget proposal. Address the following:

Create a complete cost worksheet detailing the costs included in your budget.
Explain your proposal recommendation in detail.

Budget Proposal-cost worksheet

Address how your budget proposal will perform against the budget issue you have identified.
Describe how you can maintain accurate and complete reporting of your budget. What guardrails have you set up?
Include an overview of the different budget sources you used as examples for your budget. Were these examples civilian-created or police-created?
Explain any potential issues with the use of centralized budgeting in the examples you referenced.
Explain any trends you noticed in the examples you referenced.

Note: You may locate and use a budget proposal template to create your assignment

Format your references according to APA guidelines.