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Budgeting_M7 Discussion

Budgeting_M7 Discussion

Q Objective: Discuss the long-term implications of capital expenditures Discussion Board What are the long- term implications of capital expenditures? How does capital budgeting relate to municipal strategic goals? With all the environmental, social, political, and cultural changes, is it feasible to budget for the long- term in the public sector? Why? Why not? Find a current, ongoing capital project in a local government. How long has this project been going on? In your opinion, is this a worthy expenditure of public money?

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Capital expenditures are incurred for expansion, development, operational efficiency and maintaining certain standards of a business/ operational body/ governing body. Capital expenditures can fetch great returns to the party that is incurring it and helps to achieve a state of profitability or surplus. Overall, it helps to strengthen the concerned business.