Jul 24, 2025  
2024-2025 Graduate Catalog 
    
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2024-2025 Graduate Catalog

MPA 6530 - Public Budgeting & Financial Management

Credits: 4
Formerly: Public Financial Management
An in-depth review of the funding of state and local government budgets and capital plans. This review will include the specific processes and timelines for ratification and/or adoption of each. The best practices for allocating scarce financial resources, tracking the status of capital projects, and the effect that state laws and local bylaws/ordinances have on making financial decisions will be presented and discussed. Coursework includes an in-depth review of the following public sector documents: Annual Operating Budget, Capital Improvement Plan (CIP), Comprehensive Annual Financial Report (CAFR), and Official Statement (OS). There will be a special focus on tracking the Massachusetts State Budget from submission by the governor through the state legislature’s review and adoption process.