How to Generate Money from the Public Sector

The goal is to develop participants' analytical and consulting skills in the area of public finance. The course is targeted to those participants  whose major is in public administration, business-government relations, or management in the service industry (education, healthcare, culture, etc.).

Course Objectives:

• to introduce participants to the public sector reform agenda with a focus on public finance issues.
• to demonstrate administrative, political, and economic constraints to public finance reforms.
• to develop analytical skills of the participants in three major areas of public finance reforms (performance-based budgeting, mid-term financial planning, budget decentralization).
• to train participants how to develop budgeting and performance evaluation systems for public sector institutions.
• to develop participants’ skills on how to write a public policy paper and make a presentation on public policy issue.

Course Outlines:

Introduction to Public Finance. Review of the Public Finance Reforms:

• Public sector reforms and the role of public finance.
• Administrative, political, and economic constraints in designing and implementing public finance reforms.
•  Stages in public finance development.

Budgeting and Performance Evaluation in Public Sector Organizations:

• The role of budgeting in managing public sector organizations.
• Strategy map for public sector organizations .
•  The place of budgeting and financial management in strategy maps.
•  Elements of balanced scorecard for public sector organizations.
•  Strategic readiness and the role of budgeting.
• Financial responsibility centers..
• Budgeting framework.
• Structure of FRC budgets.
• Revenue budget.
• Prime cost and overheads budgets.
• Budgeting and decision making process.
• Budgeting and performance evaluation process.

Performance-Based Budgeting:

• Performance-based budgeting.
•  Measuring performance, outputs and outcomes.
•  Budgeting process based on performance forecasted and achieved.
•  Budget corrections in PBB.
•  Performance-based budgeting in different sectors.

Mid-Term Financial Planning:

• Goals of moving to mid-term financial planning.
•  Long-term and short-term financial planning.
•  Mid-term financial planning and strategy development.
•  Planning budget income for the mid-term period.
•  Planning budget expenditures for the mid-term period.

Budget Federalism:

• The concept of fiscal decentralization and budget federalism.
• Budget federalism theory.
• Budget federalism reform.
• Division of responsibilities between federal, regional, and municipal authorities.