Refer to Question 3-6. With the end of the war in Afghanistan, the mayor of Parsons City
Question:
Refer to Question 3-6. With the end of the war in Afghanistan, the mayor of Parsons City volunteered to have 500 Afghan refugees resettled in his city. He decided to house them in vacant properties, left empty when the factory closure caused residents to start leaving the city. What elements will the mayor have to include in a budget for the resettlement and sustenance of these immigrant refugees?
Data From Question 3-6
In the past year, a major factory closed in Parsons City. Following the closure, a number of residents moved from the town. Property values are falling and the mayor believes that a tax cut is necessary to avoid further exodus. He believes that the high unemployment rate will result in a substantially increased demand for some public services. On the other hand, the declining population may reduce demand for other services. What budget approach would make the most sense for the city for the coming year? Why?
Step by Step Answer:
Financial Management For Public Health And Not-for-Profit Organizations
ISBN: 9781071835333
7th Edition
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell