PO332 Public Budget & Finance

for F1J 2011

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Vision Statement: Park University, a pioneering institution of higher learning since 1875, will provide leadership in quality, innovative education for a diversity of learners who will excel in their professional and personal service to the global community.


PO 332 Public Budget & Finance


F1J 2011 DN


Lockhart, Rich


Adjunct Faculty


B.S. - Biology from Harding University
M.P.A. - the University of Kansas

Daytime Phone


Other Phone

816.719.8082 (cell)



Semester Dates

August 17, 2011 through October 5, 2011

Class Days


Class Time

5:30 - 9:50 PM

Credit Hours



Quigley, John W., Modern Public Finance, Harvard University Press, ISBN13 - 978-0-674-00420-7 or ISBN - 0-674-00420-5
Any Kansas City metropolitan FY 2011/2012 municipal budget. 
You will need to get a copy of a city budget (Fiscal Year 2011/2012) from a city in either Kansas or Missouri.  These are usually obtained from the offices for the city (city hall).  You should tell the city employee assisting you that you are a student and you need the document for class.  Some of the city's may have their budgets on line so you may also want to check websites.  You will need a hard copy so if you find it on line, be sure to print it out (be aware these documents are typically hundreds of pages).  You will need to turn this in the 2nd week of class.

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.

Course Description:
PO 332 Public Budget and Finance: An analysis of public budgeting at the national, state and local levels of government, including the relationship of the federal budget to fiscal policy. The politics of the budgetary process are examined as well as various types of budgets. The influence of intergovernmental transfer payments is also reviewed. 3:0:3

Educational Philosophy:
The instructor's educational philosophy is to engage the student in learning by using a number of different methods, including lecture, readings, quizzes, examinations, and written assignments.  Each of us will learn by sharing experiences and relating those to class material.  Exchanging ideas and exploring other perspectives will create a positive learning environment that allows each of us to understand the issues better than we could by ourselves.

Learning Outcomes:
  Core Learning Outcomes

  1. Describe the purposes of public budgeting.
  2. Compare and contrast the different types of budgets.
  3. Describe the budget process of the federal government.
  4. Describe a generic budget process for state and local governments.
  5. Describe fiscal policy and its relationship to the federal budget.
  6. Describe monetary policy and its relationship to the federal budget
  7. Understand how the budget priorities of the federal government have changed over the last 50 years.
  8. Provide ethical guidelines in public budgeting and accounting.

Core Assessment:

Class Assessment:

Students will be assessed using examinations (mid-term and final), quizzes, case study, municipal budget analysis, attendance and class participation, and budget current writings.  The quizzes and exams will cover material from the assigned readings and the lectures.


Attendance/Class Participation - 10%
Municipal Budget Analysis - 15%
Budget current event writings - 10%
Case Study - 15%
Quizzes - 10%
Mid-Term Exam - 20%
Final Exam - 20%

Late Submission of Course Materials:
The case study and municipal budget analysis may be turned in ONE DAY late with a 50% penalty (assignments are due by 11:59 on the due date).  A missed quiz may not be made up and will result in a zero regardless of the classification of the absence.  The mid-term or final may be made up at the discretion of the instructor with a valid excuse.  A valid excuse will need to be documented by the student to the satisfaction of the instructor.  Without a valid excuse or proper documentation, the student will receive a zero.  The class participation grade and attendance grade will also be negatively affected by any absences.  The budget current event writings will be due at the beginning of class each week and will not be accepted after class starts.

Classroom Rules of Conduct:
Students are expected to be on time and participate in discussions.  Cell phones should be turned on vibrate.  Students may only answer emergency calls during class.  Chronic tardiness will result in a reduction of  attendance and class participation points.  If a student is not participating, I will let the student know that an increased amount of participation will be required to avoid losing points. 

Course Topic/Dates/Assignments:

Date Reading Assignment Assignment(s) Due
08/17 Introduction and Chapter 2 Quiz
08/24 Chapter 3 Quiz, copy of municipal budget, budget writing
08/31 Chapter 4

Quiz, budget writing

09/07 Chapter 5 mid-term exam, budget writing
09/14 Chapter 6 Quiz, case study, budget writing
09/21 Chapter 7 Quiz, budget writing
09/28 Chapter 8 Quiz, budget writing, municipal budget analysis
10/05 Chapters 9 and 10 Final Exam, budget writing, budget presentation

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life. Park University students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty (www.park.edu/current or http://www.park.edu/faculty/).from Park University 2011-2012 Undergraduate Catalog Page 93

Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. from Park University 2011-2012 Undergraduate Catalog Page 93

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "F".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2011-2012 Undergraduate Catalog Page 96

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .


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Last Updated:8/1/2011 4:21:43 PM