Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1. Expenditure Analysis in Current Dollars a. You are a fiscal analyst in the ci

ID: 2372482 • Letter: 1

Question

1. Expenditure Analysis in Current Dollars

a. You are a fiscal analyst in the city’s budget office. Complete the currentdollar

portion of Table 4.4 analyzing the Health Department’s expenditures;

use the available data in Table 4.1.

b. Write a memo from you (as a fiscal analyst) to the budget director explaining

the trends.

2. Expenditure Analysis in Constant Dollars

a. In this exercise, you will complete the rest of the spreadsheet in Table

4.4, conducting the same analysis you did above, only you will convert

all the dollars to constant dollars. This exercise allows you to adjust a

Uncorrected page proof. Copyright © 2009 by CQ Press, a division of Congressional Quarterly Inc. No

part of these pages may be quoted, reproduced, or transmitted in any form or by any means, electronic

or mechanical, without permission in writing from the publisher.

TABLE 4.4

Trend Analysis: New York City’s Investment in Health Expenditures, FY 1996 to FY 2007

(in $ thousands)

Current dollars

Actual Percent Actual Percent Percent Actual Percent Percent

Departments FY 1996 of total FY 1997 of total change FY 1998 of total change

Health $419,308 22.9 $420,275 29.0 0.2 $472,030

Mental Health 319,275 17.5 345,284 23.8 8.1 396,095

Hospitals (HHC) 1,090,173 59.6 682,924 47.1 –37.4 684,601

Total health $1,828,756 100.0 $1,448,483 100.0 –20.8 $1,552,726

Total health

as percentage of

New York City’s

expenditures 5.7 4.3

Reference group

New York City’s expenditures $32,066,586 $33,736,152 5.2 $34,923,250

Constant or real dollars (controlling for inflation)

Dept. of Health $576,580 22.9 $564,714 29.0 –2.1

Dept. of Mental Health 439,027 17.5 463,950 23.8 5.7

Hospitals (HHC) 1,499,070 59.6 917,629 47.1 –38.8

Total health $2,514,676 100.0 $1,946,293 100.0 –22.6

Total health

as percentage of

New York City’s

expenditures 5.7 4.3

Reference group

New York City’s expenditures $44,093,957 $45,330,485 2.8

Consumer Price Index 166.9 170.8

Note: HHC = Health and Hospitals Corporation.

Explanation / Answer