ajs574 | Graduate
Finance And Budgeting In Justice And Security
This graduate-level course is 6 To enroll, speak with an Enrollment Representative.
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Annual Budget, Mid-Year Review, and Short-Term Techniques
- Assess inventory and infrastructure costs.
- Compare budget management techniques.
- Evaluate methods of short-term budget analysis.
Present and Projected Cost of Services
- Determine present and future cost of criminal justice and security operational services.
- Analyze public policy and trends related to budgets at local, state, and federal levels.
- Explain the components of a budget control system.
Financial Contingency Planning and Sustainability
- Explain the concept of financial contingency planning.
- Identify the sources of temporary assistance, funding, and assets.
- Describe the budgetary impact on the cost of catastrophic events.
Capital Procurement and Strategic Budget Strategies
- Describe multi-year capital procurement, bonds, public safety initiatives, and state and federal grant processes.
- Evaluate how an organization's current and future operational policies affect budgets.
- Develop the cost of organizational operational options.
- Evaluate long-term financial alternatives using financial analysis.
- Identify challenges when creating new program budgets.
Financial Management Principles
- Recommend organizational alternatives using financial analysis.
- Explain the importance of making informed financial decisions.
- Identify the key players in the local, state, and federal budget process.
- Explain key financial decision-making tools.
- Evaluate financial analysis methods.
- Describe the different cost descriptors.
- Explain the ethical implications of managing a criminal justice agency budget.
- Differentiate the competitive-bid and sole source justification processes.
- Apply cost-benefit analysis to an organizational situation.
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