ART - Basic of Budget, Procurement and Payment Process 2012

The document is a presentation for a course titled "Budget, Procurement, and Payments" at MWRDGC "U". The course is an introductory class for all employees and is divided into three segments: budget, procurement, and payments. The presentation aims to provide a general overview of budgeting, procuring goods, and making payments. The importance of the class is highlighted, including ensuring financial stability, developing all employees, and improving public image. The legal aspects of budgeting, procurement, and payments are discussed, including the Purchasing Act and the Prompt Payment Act. The presentation emphasizes that all employees are accountable to the taxpayers and need to follow MWRDGC policies and procedures. The document covers basic public finance and budgeting, explaining the obligation to taxpayers, the reasons for budgeting, and the sources of revenue. It discusses the different funds operated by the District and how each department's spending is determined. The process of determining departmental appropriations and the administration of the budget are briefly mentioned. The presentation also includes a section on procurement, titled "Procurement 101," which provides an overview of the procurement process. It emphasizes the importance of accountability for the use of public funds, fairness in the bidding process, and following the Purchasing Act. However, the specific details of how each department's spending is determined are not provided in the document. Overall, the document provides an overview of budgeting, procurement, and payments at MWRDGC, highlighting the importance of financial stability, accountability, and adherence to legal requirements. While it briefly mentions the process of determining departmental appropriations, it does not provide specific details on how each department's spending is determined.