Career and Education Opportunities for Budget Analysts in Nampa, Idaho
Many educational and employment opportunities exist for budget analysts in the Nampa, Idaho area. About 220 people are currently employed as budget analysts in Idaho. By 2016, this is expected to grow by 16% to 250 people employed. This is better than the nation as a whole, where employment opportunities for budget analysts are expected to grow by about 15.1%. Budget analysts generally examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
Budget analysts earn approximately $27 per hour or $58,100 annually on average in Idaho. Nationally they average about $31 hourly or $65,320 per year. Budget analysts earn more than people working in the category of Accounting and Auditing generally in Idaho and more than people in the Accounting and Auditing category nationally. Jobs in this field include: budget coordinator, financial analyst, and cost analyst.
The Nampa area is home to eleven schools of higher education, including four within twenty-five miles of Nampa where you can get a degree as a budget analyst. Budget analysts usually hold a Bachelor's degree, so you can expect to spend about four years studying to be 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 Nampa 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
University of Phoenix-Idaho Campus - Meridian, ID
University of Phoenix-Idaho Campus, 3080 East Gentry Way, Suite 150, Meridian, ID 83642-3014. University of Phoenix-Idaho Campus is a small university located in Meridian, Idaho. It is a private for-profit school with primarily 4-year or above programs and has 403 students. University of Phoenix-Idaho Campus has a bachelor's degree program in Finance which graduated one student in 2008.
Boise State University - Boise, ID
Boise State University, 1910 University Dr, Boise, ID 83725. Boise State University is a large university located in Boise, Idaho. It is a public school with primarily 4-year or above programs. It has 19,667 students and an admission rate of 81%. Boise State University has 2 areas of study related to Budget Analyst. They are:
- Accounting, bachelor's degree and master's degree which graduated 117 and seventeen students respectively in 2008.
- Finance, bachelor's degree which graduated 10 students in 2008.
Northwest Nazarene University - Nampa, ID
Northwest Nazarene University, 623 Holly St, Nampa, ID 83686-5897. Northwest Nazarene University is a small university located in Nampa, Idaho. It is a private not-for-profit school with primarily 4-year or above programs and has 1,944 students. Northwest Nazarene University has a bachelor's degree program in Accounting.
The College of Idaho - Caldwell, ID
The College of Idaho, 2112 Cleveland Blvd, Caldwell, ID 83605-4432. The College of Idaho is a small college located in Caldwell, Idaho. It is a private not-for-profit school with primarily 4-year or above programs. It has 944 students and an admission rate of 57%. The College of Idaho has a bachelor'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: Nampa, Idaho
Nampa is located in Canyon County, Idaho. It has a population of over 80,362, which has grown by 54.9% in the past ten years. The cost of living index in Nampa, 87, is well below the national average. New single-family homes in Nampa cost $122,200 on average, which is well below the state average. In 2008, one hundred ninety-one new homes were built in Nampa, down from two hundred eighty-nine the previous year.
The three most popular industries for women in Nampa are health care, educational services, and computer and electronic products. For men, it is construction, computer and electronic products, and food. The average travel time to work is about 21 minutes. More than 16.0% of Nampa residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 4.5%, is lower than the state average.
The unemployment rate in Nampa is 11.2%, which is greater than Idaho's average of 8.3%.
The percentage of Nampa residents that are affiliated with a religious congregation, 41.5%, is less than both the national and state average. The largest religious groups are the LDS (Mormon) Church, the Catholic Church and the Church of the Nazarene.
Shopping malls in the area include Karcher Mall, Nampa Shopping Center and Holly Shopping Center. Visitors to Nampa can choose from Sleep Inn Nampa, Days Inn Nampa ID and Starlite Motel for temporary stays in the area.