Outline the benefits of capital budgeting in public sector

      

Outline the benefits of capital budgeting in public sector.

  

Answers


Judy
1. It forces communities to examine their goals and needs capabilities.
2. It promotes greater efficiency in the use of tax resources.
3. It provides an important guide in and the growth and development of the community.
4. It encourages government or public organizations to improve their administrative systems.
5. It is an important means for promoting Regional Corporation.
6. It facilitates and promotes sound financial management.
7. It offers an effective way to replace or repair capital facilities.
8. It enhances the government or the organizationā€˜s opportunity to participate because of the many
programs that the government maintain to aid in the planning and construction of infrastructure.
Judiesiz answered the question on August 16, 2018 at 23:15


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