KCL Operation Ratio Discussion
I’m working on a political science report and need support to help me learn.
Previously, your city identified 3 revenue and 4 service expenditures
Assume you have recently conducted a financial condition analysis for the last 3 years and you found the Operating Ratio to be 1.25 (year 1), .95 (year 2), and .75 (year 3).
- In one paragraph, as the CFO, discuss how you will address this trend to the Mayor and City Council for the next budget cycle.
- Thus,what changes will you propose to make in your 3 revenue and/or 4 service expenditures?
The information for the mentioned 3 revenue and 4 expenditures:
identified 3 revenue and 4 service expenditures
- Our identified 3 revenue are:
- ü Rise consumption tax
ü Overseas cooperate speculation tax
ü Tax on imported goods
Our identified 4 service expenditures are:
ü Medical and health-care