Critical Reflection

odule 6 Critical Reflection—Financing Policy Aim: This Critical Reflection Assignment will allow you to identify, analyze, and reflect upon the concept of state budgeting in terms of fiscal responsibility for implementing policies. You will examine fiscal revenue and critically reflect upon current sources of revenue for state governments and local governments in a federal system. You will consider and evaluate what this means for localities. odule 6 Critical Reflection—Financing Policy Aim: This Critical Reflection Assignment will allow you to identify, analyze, and reflect upon the concept of state budgeting in terms of fiscal responsibility for implementing policies. You will examine fiscal revenue and critically reflect upon current sources of revenue for state governments and local governments in a federal system. You will consider and evaluate what this means for localities.  Materials: You will read one article provided in Module 6 of CANVAS (also hyperlinked into this document below), refer to Chapter 4 of your textbook, and reflect upon the content pages within Module 6. https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/state-and-local-backgrounders/state-and-local-expenditures (Links to an external site.) Instructions: You will write a 2-3 page (350-500 words), double-spaced essay, using 12-point font. Use an MLA or APA style guide to cite your source(s) and provide a reference or “works cited” page (3rd page or 4th page). In total, you will submit 3 or 4 pages. Your essay will have an introduction, body paragraphs, and a conclusion. Two days after the due date, submission will result in a 10% reduction of points per day. Late work after 1-week past the due date will not be accepted. Missing parenthetical citations and a reference page will result in a zero for the grade (academic dishonesty). Respond to the Following: How are a variety of local policies being financed in a federal system? Why must states balance their budgets and how does that work? Can a state just fail? What are the main sources of revenue for implementing policies such as services at the local level? According to the Urban Institute, what do state and local governments tend to spend money on? Are certain policy areas main priorities? How does state spending differ from local spending and why? Materials: You will read one article provided in Module 6 of CANVAS (also hyperlinked into this document below), refer to Chapter 4 of your textbook, and reflect upon the content pages within Module 6. https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/state-and-local-backgrounders/state-and-local-expenditures (Links to an external site.) Instructions: You will write a 2-3 page (350-500 words), double-spaced essay, using 12-point font. Use an MLA or APA style guide to cite your source(s) and provide a reference or “works cited” page (3rd page or 4th page). In total, you will submit 3 or 4 pages. Your essay will have an introduction, body paragraphs, and a conclusion. Two days after the due date, submission will result in a 10% reduction of points per day. Late work after 1-week past the due date will not be accepted. Missing parenthetical citations and a reference page will result in a zero for the grade (academic dishonesty). Respond to the Following: How are a variety of local policies being financed in a federal system? Why must states balance their budgets and how does that work? Can a state just fail? What are the main sources of revenue for implementing policies such as services at the local level? According to the Urban Institute, what do state and local governments tend to spend money on? Are certain policy areas main priorities? How does state spending differ from local spending and why?