Career and Education Opportunities for Budget Analysts in Port St. Lucie, Florida
There are many career and education opportunities for budget analysts in the Port St. Lucie, Florida area. There are currently 2,980 working budget analysts in Florida; this should grow 17% to 3,480 working budget analysts in the state by 2016. This is better than the national trend for budget analysts, which sees this job pool growing by about 15.1% over the next eight years. Budget analysts generally examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
Income for budget analysts is about $28 hourly or $58,380 yearly on average in Florida. Nationally, their income is about $31 per hour or $65,320 yearly. Earnings for budget analysts are better than earnings in the general category of Accounting and Auditing in Florida and better than general Accounting and Auditing category earnings nationally. People working as budget analysts can fill a number of jobs, such as: accounting supervisor, budget engineer, and budget examiner.
There are two schools within twenty-five miles of Port St. Lucie where you can study to be a budget analyst, among five schools of higher education total in the Port St. Lucie area. The most common level of education for budget analysts is a Bachelor's degree. You can expect to spend about four years training to become a budget analyst if you already have a high school diploma.
CAREER DESCRIPTION: Budget Analyst
In general, budget analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. They also analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
Budget analysts furnish advice and technical assistance as well as cost analysis and budget preparation. They also examine budget estimates for completeness and conformance with procedures and regulations. Equally important, budget analysts have to inspect operating budgets to analyze trends affecting budget needs. They are often called upon to confer with managers to insure that budget adjustments are made in accordance with program changes. They are expected to direct the preparation of regular and special budget reports. Finally, budget analysts perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.
Every day, budget analysts are expected to be able to deal with basic arithmetic problems. They need to read and understand documents and reports. It is also important that they decide how to think about problems involving math.
It is important for budget analysts to seek new ways to further optimize efficiency and increase profits. They are often called upon to interpret budget directives and establish policies for carrying out directives. They also match appropriations for specific programs with appropriations for broader programs, including items for emergency funds. They are sometimes expected to analyze monthly department budgeting and accounting reports to maintain expenditure controls. Somewhat less frequently, budget analysts are also expected to testify before examining and fund-granting authorities, clarifying and promoting the proposed budgets.
And finally, they sometimes have to perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.
Like many other jobs, budget analysts must be thorough and dependable and have exceptional integrity.
Similar jobs with educational opportunities in Port St. Lucie include:
- Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
- Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
- Business Management Analyst. Conduct organizational studies and evaluations, design systems and procedures, conduct work simplifications and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.
- Cost Analyst. Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
- Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
- Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
- Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
- Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
- Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
- Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
- Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
EDUCATIONAL OPPORTUNITIES: Budget Analyst Training
Indian River State College - Fort Pierce, FL
Indian River State College, 3209 Virginia Ave, Fort Pierce, FL 34981-5596. Indian River State College is a large college located in Fort Pierce, Florida. It is a public school with primarily 4-year or above programs and has 15,366 students. Indian River State College has an associate's degree program in Finance.
Hobe Sound Bible College - Hobe Sound, FL
Hobe Sound Bible College, 11298 SE Gomez, Hobe Sound, FL 33455-1065. Hobe Sound Bible College is a small college located in Hobe Sound, Florida. It is a private not-for-profit school with primarily 4-year or above programs and has 126 students. Hobe Sound Bible College has an associate's degree program in Accounting which graduated two students in 2008.
Fiscal Services - Accelerated Package: Fiscal Services - Accelerated Package course list: Better Requests for Proposals for Better Projects; Continuous Improvement Through Monitoring; Contracting; New Coding System for the 21st Century; Procurement; and Writing Winning Grant Proposals.
For more information, see the Dynamic Works Institute website.
LOCATION INFORMATION: Port St. Lucie, Florida
Port St. Lucie is located in St. Lucie County, Florida. It has a population of over 154,353, which has grown by 73.9% over the last ten years. The cost of living index in Port St. Lucie, 89, is well below the national average. New single-family homes in Port St. Lucie are valued at $113,200 on average, which is far less than the state average. In 2008, five hundred thirteen new homes were built in Port St. Lucie, down from 1,281 the previous year.
The top three industries for women in Port St. Lucie are health care, educational services, and accommodation and food services. For men, it is construction, accommodation and food services, and administrative and support and waste management services. The average commute to work is about 28 minutes. More than 15.0% of Port St. Lucie residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 4.8%, is lower than the state average.
The unemployment rate in Port St. Lucie is 13.0%, which is greater than Florida's average of 11.3%.
The percentage of Port St. Lucie residents that are affiliated with a religious congregation, 38.6%, is less than both the national and state average. Port Saint Lucie Methodist Church, Saint Lucie Catholic Church and Unitarian Universalist Church Indian River are among the churches located in Port St. Lucie. The most prominent religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.