1
|
accomplishes, I think we are losing most of the value.
|
2
|
Basically, formulating a budget is a planning process in
|
3
|
financial terms. It is not only in terms of dollars, but
|
4
|
it is basically planning.
|
5
|
The enactment of a budget is a policy review
|
6
|
by the representatives of the people and is supposed to
|
7
|
express the will of the people in the determination as to
|
8
|
what programs ought to be accomplished and to what extent
|
9
|
government resources are to be committed to each one.
|
10
|
The execution of a budget is management in its
|
11
|
fullest sense. Private companies have the profit motive
|
12
|
to help them determine whether or not they should undertake
|
13
|
any special activity. The government doesn't have this.
|
14
|
In terms of efficiency, effectiveness or the desirability
|
15
|
of programs, how do we desire whether or not to put an
|
16
|
extra policeman on the street or to pick up garbage in a
|
17
|
different way? Mostly, these are budget decisions, but
|
18
|
executive decisions, as reflected through the budget. I
|
19
|
don't think the budget can ever be separated very far from
|
20
|
the chief executive position. At election time, the
|
21
|
Governor must answer to the people at the polls for his
|