PP 410

Office Hours: Primary – Phone and occasionally I will be on AIM: seabrooks09 – Tuesday’s 4pm to 6pm eastern time

Seminar’s – Wednesday’s 9pm to 10pm Eastern Time 10 Points for each seminar June /13 – Last Seminar

 Discussion Board – Each week there is one discussion question, worth 20 points  Across at least 3 days a week  Response to the Topic question(s)  Responses to at least 2 classmates  Responses are original, thoughtful, relevant, include original evaluation, and advance the discussion  Please ensure contributions are made in a timely manner to allow for student feedback  ( 1Topic each week )

 Discussion Board – Each week there is one discussion question, worth 20 points  Communications must be professional and civil at all times. All posts must be done in an environment which is collaborative.  Please make sure your message is substantive – more than “I agree” or less than a paragraph response.  When you use information from our textbook or other sources you MUST cite references.  Wait to response to a message that upsets you and be careful of what you say and how you say it. (Contact Professor)

 Late Work – All assignments are due on the due date. Failure to submit on time can result in 5% deduction per week will be assessed on all late work. No late work will be accepted more than 3 weeks after the original due date or after the conclusion of Unit 7 without an extenuating circumstance AND prior instructor approval.  Extenuating Circumstances: Contact your instructor immediately if you have extenuating circumstances that prevent you from completing assignments, projects, and quizzes, attending seminars, or participating in the class.

Course Unit Unit 9 – International Initiatives & their impacts on Economic Growth and Development 1. Read : Chapters 10, pp in the eTextbook (Lee), Read Chapter 15, pp in the eTextbook (Mikesell) and Unit Lecture Notes 2. Review : Unit 9 Key Terms 3.Take part in Discussion - 20 Points 4. Attend Seminar - 10 Points ( 06/13/2012 ) 5. Submit Unit 9 Assignment Due – June 19, 2012 – 175 Points

 Discussion of the Fiduciary Article  Final Project for the class

 This article poses the question of what if public officials and servants owed a fiduciary duty to the public that they served?  There are several parallels between ethics laws and fiduciary responsibilities  The notion of having a fiduciary duty also touches on some of the higher obligations of public service above and beyond the minimum requirements of most public service ethics laws.

 Also, thinking about these parallels between fiduciary duties and public service ethics offers a good opportunity to think broadly about the obligations of public service  Fiduciary means trust and confidence  When we chose elected officials, we are putting our trust and confidence in to act in our best interest

 The same can be said about an employee of a public agency  Always putting the public’s interests first is the essence of public service ethics  A fiduciary is also someone who acts for another. This is why trust and confidence are so important

 Because a fiduciary has the power and obligation to act for another the law imposes strict standards of diligence, responsibility and honesty.  These are very similar to the federal law standards for public officials, which impose on public officials the broad obligations to serve the public honestly

 Honest public serve means being conscientious, loyal, faithful, disinterested and unbiased.  Honest public service is performed free of deceit, undue influence, conflict of interest, self-enrichment, self-dealing, concealment, bribery, fraud and corruption.  These are very similar to the standards for fiduciary duty obligations

 Video

15 For this week’s discussion, contact your local government comptroller’s office and ask for a copy of the investment policy or the cash management plan. Review the policy or plan and answer the following questions.  What controls are placed on state and local cash management by state law or local ordinance? What investment instruments are legal? Does your community participate in an investment pool?  Post your answers, and be prepared to discuss your findings with others in the class.

 After reading this article, write a short paper explaining how the duties and practices of government financial managers (as discussed in Units 2-9) are guided by the ethical rules and guidelines addressed in this article.  Include in your paper specific illustrations of how these duties apply in each of the key practices addressed in this course.

 Length should be 3-5 pages, excluding cover page and references.  Your work should display superior content, organization, style, and mechanics.  Cite all sources on a separate reference page at the end of your paper and cited within the body of your paper using APA format  Review the grading rubric posted in DocSharing

 Read your Unit 9 assignments  Participate in Discussions  Complete and Submit your Final Project  Contact me with any questions!

References  Lee, R. S. Jr., Johnson, R. W., & Joyce, P. G. (2008). Public budgeting systems (8 th ed.). Sudbury, MA: Jones and Barlett.  Mikesell, J. L. (2011). Fiscal administration (8 th ed.). Boston, MA: Wadsworth/Cengage Learning.

Adjourn Have a great week… “See” you on the Discussion Boards Goodnight!