EVALUATING THE EFFICACY AND SHORTCOMING OF BUDGETARY PROCEDURES IN THE PUBLIC SECTOR (A Case Study of Osun-State Government)

TABLE OF CONTENTS

Declaration.. iii

Certification.. iv

Dedication.. v

Acknowledgement. vi

Table of Contents. viii

List of Tables. x

Abstract. xi

CHAPTER ONE.. 1

1.0 Introduction.. 1

1.1 Objective of the Study. 3

1.2 Scope of the Study. 4

1.3 Statement of Problem... 5

1.4 Sources of Data. 6

1.5 Hypothesis. 6

1.6 Limitations of the Study. 7

1.7 Importance of the Study. 8

1.8 Research Question.. 8

1.9 Definition of Terms. 9

CHAPTER TWO.. 12

2.0 Literature Review.. 12

2.1 The Concept and Meaning of Budget. 12

2.2 Budget Period.. 15

2.3 Types of Budget. 15

2.4 Budget Approaches. 18

2.5 Budgeting. 19

2.6 Budgetary Styles. 21

2.7 Limitation of Budgeting System... 25

2.8 Benefits and Advantages of Budgeting. 26

2.9 Government Budgetary Procedure. 27

2.10 Presentation of Appropriation Bill to the House of Assembly. 30

2.11 Revenue and Expenditure Profile at the State Level31

2.12 Brief Analysis of the 2006 Budget Draft of OsunState. 32

2.13 The Highlights of the Year 2006 Budget. 34

2.14 Budget Implementation, Monitoring and Control36

2.15 Review of the Performance of the Year 2005 Budget of Osun State. 36

CHAPTER THREE.. 41

3.0 Research Methodology. 41

3.1 Research Design.. 41

3.2 Population.. 42

3.3 Sources of Data. 42

3.4 Data Collection Instrument. 43

3.5 Questionnaire. 43

3.6 Analysis of Data. 44

3.7 Research Hypothesis. 45

3.8 Limitation of Methodology Used and the Study. 45

CHAPTER FOUR.. 48

4.0 Data Analysis and Presentation.. 48

4.1 Data Analysis. 48

4.2 Analysis of Research Questions. 51

CHAPTER FIVE.. 60

5.0 Summary, Conclusion and Recommendation.. 60

5.1 Summary. 60

5.2 Recommendation.. 60

5.3 Conclusion.. 62

5.4 Area of Further Studies. 63

Bibliography. 64

Appendix. 65

ABSTRACT

Wildavsky 1964 in Omolehinwa 1991 submits that budget serves divers purposes, it can mean different things to difference people. The following were itemised.

i A plan of work

ii An intelligent prediction

iii A link between financial resources and human behaviour to accomplish policy objectives

vi Mechanism of making choices among alternative expenditures.

v In the government, a record of performances that have prevailed in the determination of national policy.

Omolehinwa maintains that budget represents the plan of the dominant individuals is an organisation expressed in monetary terms, and subject to the constraint composed by the participants and the environment indicating how the available resources may be utilised to achieve whatever the dominant individuals agree to as the organisations priorities. However, this is one of the many accepted definitions of budget/budgeting given by some eminent scholars in the field. It would not be an overstatement to that say proper management would not be achieved if budgeting is not given attention. Thus the essence of the research on the efficacy and short coming of budgeting. Read on.

Place An Order for the Complete Material from Chapter One to Five. Click This Link EVALUATING THE EFFICACY AND SHORTCOMING OF BUDGETARY PROCEDURES IN THE PUBLIC SECTOR To Order