Select a local government budget that has not filed a petition for bankruptcy. Evaluate the past three years of the selected government’s distribution of income.

This is a two-part assignment
Paper 1 and Paper 2 are identified below
Preferred sources should be peer reviewed, additional source
Hyman, D. N. (20200616). Public Finance: A Contemporary Application of Theory to Policy, 12th Edition

Part I

Select a local government budget that has not filed a petition for bankruptcy. Evaluate the past three years of the selected government’s distribution of income. Develop an analysis that addresses the prompts listed below.
 Evaluate trends of revenue sources and balances (funds, surpluses, deficits) and how they impact the government’s budget.
 Evaluate ethical practices of financial policy on taxes, fees, and charges.
 Describe the impact of budgetary deficiencies on the organization.
 Assess internal/external opportunities and challenges of revenue sources.
Your report should consist of no less than two pages, and all sources utilized should be cited and referenced using APA Style. Please ensure that you include a title page and reference page.

Part II
This assignment is the second of a three-step process. Step 3 will be completed in Unit VIII.
Using the selected government budget from Part I in the previous unit, evaluate the past 3 years’ allocation of private and public goods. Develop an analysis that addresses the prompts listed below.
 Evaluate goals and priorities of the local government goods and services.
 Assess internal and external challenges for providing goods and services.
 Evaluate budget stabilization measures.
 Provide recommendations.
Your report should consist of no less than two pages, and all sources utilized should be cited and referenced using APA Style. Please ensure that you include a title page and reference page. Remember that the title page and reference page are not included in the page expectation