Public Strategic Finance
When one sees talk or analysis about strategic finance scenarios and tactics, this talk usually centers on private or publicly trade corporations in the private sector as opposed to agencies and power structures in the public sector. While it is certainly worthwhile to extend that focus, there are a lot of public agencies that have to make use of strategic finance tactics as well. Indeed, public finance strategy is probably more complex given that public agencies are often at the mercy of the amount of tax money that does (or does not) come in and the money that is allocated towards their work by the people holding the purse strings. The author of this report shall focus on police agencies in particular because the financing and execution of their work has been something that much more people are focusing on nowadays given the recent surge in violent crime and incidents between police officers and unarmed and/or minority citizens. While one would think that police agencies would be among the last to have to justify their funding and structures, this is far from being the case right now.
Analysis
Violent crime has always been a fairly major concern. However,...
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