Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Rational and Feasible Budget Allocation

Rational and Feasible Budget Allocation Scarce resources can be allocated to budget categories byprocessing a set of goals to be achieved, alternative budget categoriesand relations between each budget category and each goal expressed inwhatever terms with which the user is comfortable. A concrete example isgiven involving the allocating of a 500,000 budget to the policeand the courts in the light of the goals of crime reduction and fairprocedure in separating the innocent from the guilty. The police dobetter than the courts on crime reduction, but the courts do better thanthe police on fair procedure. Fair procedure, it is suggested, isconsidered more important than crime reduction. With that tentativeassumption one can determine what proportion of the budget should beallocated to the police and what proportion to the courts. Initialallocations may be changed in the light of whatever constraints existconcerning minimum amounts that need to be allocated to the police orthe courts. The initial allocations can also be subjected to asensitivity analysis, to see how responsive they are to changes in theinputs concerning the relative importance of the goals and the nature ofthe relationships between each budget category and each goal. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Public Sector Management Emerald Publishing

Rational and Feasible Budget Allocation

Loading next page...
 
/lp/emerald-publishing/rational-and-feasible-budget-allocation-00dF0HgUnC
Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0951-3558
DOI
10.1108/09513559110136524
Publisher site
See Article on Publisher Site

Abstract

Scarce resources can be allocated to budget categories byprocessing a set of goals to be achieved, alternative budget categoriesand relations between each budget category and each goal expressed inwhatever terms with which the user is comfortable. A concrete example isgiven involving the allocating of a 500,000 budget to the policeand the courts in the light of the goals of crime reduction and fairprocedure in separating the innocent from the guilty. The police dobetter than the courts on crime reduction, but the courts do better thanthe police on fair procedure. Fair procedure, it is suggested, isconsidered more important than crime reduction. With that tentativeassumption one can determine what proportion of the budget should beallocated to the police and what proportion to the courts. Initialallocations may be changed in the light of whatever constraints existconcerning minimum amounts that need to be allocated to the police orthe courts. The initial allocations can also be subjected to asensitivity analysis, to see how responsive they are to changes in theinputs concerning the relative importance of the goals and the nature ofthe relationships between each budget category and each goal.

Journal

International Journal of Public Sector ManagementEmerald Publishing

Published: Jan 1, 1991

There are no references for this article.