Budgeting concepts and processes: perceived value for state budgeting
Journal of Public Budgeting, Accounting & Financial Management
ISSN: 1096-3367
Article publication date: 1 March 1994
Abstract
State budgeting processes and decision making have been the subject of numerous research efforts. Such studies have been based upon the premise that improved budget processes will improve budget decisions and resource allocations. Among the specific topics of such studies have been the nature and focus of state budgetary processes and innovations as well as inquiries into the training and background of state budgeting personnel. This study focused on the perceived contributions of budget theory, processes and concepts by state budget practitioners. The inquiry also analyzed the differences between state budget directors and their staffs regarding such "perceived" contributions. The results indicate a high degree on similarity of perceived values of the various budget theories, processes and concepts by both groups. Budget process and evaluation concepts were identified as valued concepts which enhanced their budget preparation and execution skills. Both groups indicated a high value for revenue and expenditure forecasting. Such high values probably result, in part, from the fiscal stress encountered by state governments over the past decade. Overall, the study further clarifies which budgeting concepts and processes are most highly valued by state budget practitioners. In addition, the results provide insights for the design of budgeting and financial management courses in public administration and professional development programs.
Citation
Hackbart, M.M. and Ramsey, J.R. (1994), "Budgeting concepts and processes: perceived value for state budgeting", Journal of Public Budgeting, Accounting & Financial Management, Vol. 6 No. 1, pp. 28-51. https://doi.org/10.1108/JPBAFM-06-01-1994-B002
Publisher
:Emerald Publishing Limited
Copyright © 1994 by PrAcademics Press