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Encyclopedia > Government operations

This article aims to describe the financial expenditure associated with the operations and processes of world governments of all levels. Data is drawn from annual financial statements and operational reports. The word operation can mean any of several things: The method, act, process, or effect of using a device or system. ... Process (lat. ... Financial statements (or financial reports) are a record of a business financial flows and levels. ...

Contents


External review

Some governments let external analysts review the operations and financials just like Wall Street analysts review public companies. An import element of that review is to hold regular, perhaps quarterly, public conference calls between management and analysts, which are recorded for anyone to hear. This is however so far (2004) a rare occurrence. For other uses, see Wall Street (disambiguation). ... Literally a public company is a company owned by the public. ... A conference call is a telephone call where the calling party wants to have more than one called party listen in to the audio portion of the call. ...


Government-owned corporations

Services

Government subsidiaries may produce services like: A subsidiary is a corporation controlled by another. ... Services are: plural of service Tertiary sector of industry IRC services Web services the name of a first-class cricket team in India This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...

In Canada and the United States, a community college, sometimes called a junior college, is an educational institution providing post-secondary education and lower-level tertiary education, granting certificates, diplomas, and associates degrees. ... Emergency services are services that deal with emergencies and other aspects of Public Safety. ... Entertainment is an amusement or diversion intended to hold the attention of an audience or its participants. ... The Canadian Broadcasting Corporation, commonly known by the abbreviation CBC, is Canadas government-owned radio and television broadcaster. ... Entitlement is the guarantee for access to benefits due to rights, or by agreement through law. ... Financial services is the largest industry (or category of industries) in the world in terms of earnings (20% of market cap in the S&P 500 in 2004). ... Finance addresses the ways in which individuals, business entities and other organizations allocate and use monetary resources over time. ... This article needs to be cleaned up to conform to a higher standard of quality. ... Health care or healthcare is one of the worlds largest and fastest growing professions. ... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. ... Aphorism Critical legal studies Jurisprudence Law (principle) Legal research Letter versus Spirit List of legal abbreviations Legal code Natural justice Natural law Philosophy of law Religious law External links Find more information on Law by searching one of Wikipedias sibling projects: Wikibooks Wikiversity has more about this subject: School... For the band, see The Police. ... A British pillar box The postal system is a system by which written documents typically enclosed in envelopes, and also small packages containing other matter, are delivered to destinations around the world. ... A taxi serving as a bus Public transport comprises all transport systems in which the passengers do not travel in their own vehicles. ...

Goods

Government subsidiaries may produce goods like: A subsidiary is a corporation controlled by another. ... Good. ...

Coal is a fossil fuel extracted from the ground by deep mining, coal mining (open-pit mining or strip mining). ... Infrastructure is the set of interconnected structural elements that provide the framework for supporting the entire structure. ... Oil is a generic term for organic liquids that are not miscible with water. ... Petróleos Mexicanos (PEMEX) is Mexicos state-owned, nationalized petroleum company. ... This page is related to transport; you may be looking for the 2002 Bollywood movie Road. ... This article is about the edifice. ... An underground pedestrian tunnel between buildings at MIT. Note the utility pipes running along the ceiling. ... Sewers transport wastewater from buildings to treatment facilities. ... The old steel cable of a colliery winding tower Steel is a metal alloy whose major component is iron, with carbon being the primary alloying material. ... Infrastructure is the set of interconnected structural elements that provide the framework for supporting the entire structure. ...

Local government

At the level of local government, territorial or other authorities may set up government corporations such as "Local Authority Trading Enterprises" (LATEs). Local governments are administrative offices of an area smaller than a state. ...


Commonwealth of Nations

See also: crown corporation, state-owned enterprises of New Zealand In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ... State-Owned Enterprises in New Zealand (known as SOEs) are registered companies listed under Schedules 1 and 2 of the State-Owned Enterprises Act 1986. ...


In monarchical commonwealth countries country-wide government corporations often use the style "crown corporation". Notable exceptions include both the state-owned enterprises and the crown entities in New Zealand. Examples of crown corporations include the Canadian Broadcasting Corporation (CBC) in Canada and Air Canada before it underwent privatisation. Cabinet ministers (ministers of the crown) often control the shares in such public corporations. The Commonwealth of Nations, usually known as The Commonwealth, is an association of independent sovereign states, almost all of which are former territories of the British Empire. ... In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ... A state-owned enterprise (SOE) is an enterprise, often a corporation, owned by a government. ... A Crown entity is a type of organisation that forms part of New Zealands state sector established under the Crown Entities Act 2004 a unique umbrella governence and accountability statute. ... The Canadian Broadcasting Corporation, commonly known by the abbreviation CBC, is Canadas government-owned radio and television broadcaster. ... Air Canada is Canadas flag air carrier. ... A Cabinet is a body of high-ranking members of government, typically representing the executive branch. ... In finance a share is a unit of account for various financial instruments including stocks, mutual funds, limited partnerships, and REITs. ... Literally a public company is a company owned by the public. ...


United States

Main article: United States government operations


In the United States, businesses that are government owned include Amtrak and the United States Postal Service. Many states have government owned businesses for operations as well. Generally speaking, a statute passed by a legislature specifically sets up a government owned company in order to undertake a specific public purpose with public funds or public property. Amtrak is the trademark name of the intercity passenger train system created on May 1, 1971 in the United States. ... A USPS truck in San Francisco A smaller truck used in suburban areas This article describes the United States Postal Service. ... A state is an organized political community occupying a definite territory, having an organized government, and possessing internal and external sovereignty. ... A statute is a formal, written law of a country or state, written and enacted by its legislative authority, perhaps to then be ratified by the highest executive in the government, and finally published. ...


By business

From the US Treasury Financial Statements for the year ended September 30, 2004 The United States Department of the Treasury is a Cabinet department, a treasury, of the United States government established by an Act of U.S. Congress in 1789 to manage the revenue of the United States government. ...


Department of Agriculture

The Department of Agriculture ... The U.S. Department of Agriculture, also called the Agriculture Department, or USDA, is a Cabinet department of the United States Federal Government. ...

  • Expenditures: 84.1 billion

Department of Defense

The Department of Defense ... The United States Department of Defense, abbreviated DoD or DOD and sometimes called the Defense Department, is a civilian Cabinet organization of the United States government. ...

  • Expenditures: $672.1 billion

Department of Education

The Department of Education operates ... Department of Education may refer to any of several government agencies: United Kingdom Department for Education and Skills (until 1996 named Department of Education) Scottish Education Department United States United States Department of Education United States Department of Health, Education, and Welfare Many U.S. states also have their own...

  • Expenditures: $63.9 billion

Department of Health & Human Services

See also: social security (United States) Social Security in the United States is a social insurance program funded through a dedicated payroll tax. ...


The Department of Health & Human Services ... The United States Department of Health and Human Services, often abbreviated HHS, is a Cabinet department of the United States government with the goal of protecting the health of all Americans and providing essential human services. ...

  • Expenditures: $583.9 billion

Department of Justice

The Department of Justice ... Justice Department redirects here. ...

  • Expenditures: $35.4 billion

Office of Personnel Management

The Office of Personnel Management ... The Office of Personnel Management or OPM is the United States government agency which serves to manage the civil service of the United States by the recruitment of qualified personnel into and the administration of their careers as part of the United States Civil Service. ...

  • Expenditures: $22.3 billion

Social Security Administration

The Social Security Administration (SSA) manages the United States' social insurance program, consisting of retirement, disability, and survivors benefits. The United States Social Security Administration (SSA) manages the United States social insurance program, consisting of retirement, disability, and survivors benefits. ...

  • Expenditures: $534.9 billion

U.S. Postal Service

The U.S. Postal Service (USPS) ... A USPS Truck at Night A U.S. Post Office sign The United States Postal Service (USPS) is the United States government organization responsible for providing postal service in the United States and is generally referred to as the post office. ...

  • Expenditures: $54000.0 billion

By level

During 2003. From [1]

  • All
    • Expenditures: $3,399.7 billion
  • Federal
    • Expenditures: $2,241.6 billion
  • State and local
    • Expenditures: $1,498.1 billion

Privatization

Main article: privatization Privatization (sometimes privatisation, denationalization, or, especially in India, disinvestment) is the process of transferring property, from public ownership to private ownership and/or transferring the management of a service or activity from the government to the private sector. ...


In Japan, Japan Post is partially owned by the government, but is about to get sold to the public during the following years (following 2004). Japan Railway (JR), NTT and Japan Tobacco was formally owned by the government. Logo Japan Post (日本郵政公社, Nippon Yūsei Kōsha) is a public corporation in Japan offering postal and package delivery services, banking services, and life insurance. ... Public is of or pertaining to the people; belonging to the people; relating to, or affecting, a nation, state, or community; opposed to private; as, the public treasury, a road or lake. ... Approximate areas that the JR Hokkaido, JR East, JR Central, JR West, JR Shikoku, and JR Kyushu Companies cover. ... Approximate areas that the JR Hokkaido, JR East, JR Central, JR West, JR Shikoku, and JR Kyushu Companies cover. ... Nippon Telegraph and Telephone (日本電信電話 Nippon Denshin Denwa) is a telephone company that dominates the telecommunication market in Japan. ... Japan Tobacco Inc. ...


See also

Government debt (public debt, national debt) is money owed by government, at any level (central government or federal government, municipal government, local government). ... Public ownership (also called government ownership or state ownership) is government ownership of any asset, industry, or corporation at any level, national, regional or local (municipal). ... A state-owned enterprise (SOE) is an enterprise, often a corporation, owned by a government. ...

External links

United States

All levels

  • Current Report: Financial Report of the United States: Publications & Guidance: Financial Management Service

Federal level

  • Current Report: Combined Statement of Receipts, Outlays, and Balances of the United States Government (Combined Statement): Publications & Guidance: Financial Management Service

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