Due to the Recent Worldwide Economic Slowdown, There Have Been

question 78

Essay

Due to the recent worldwide economic slowdown, there have been drastic budgetary cuts in every facet of government, thus having dramatic impact on corrections. How can correctional administrators combat these cuts with community corrections?

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Definitions:

Charitable Contribution

A donation or gift to a non-profit organization or charity that is often tax deductible for the donor.

Net Income

The amount of money left after all expenses, taxes, and deductions have been subtracted from a company's total revenue.

Separately Stated Items

Items on a partnership or S corporation tax return that are passed through to the owners or shareholders separately from ordinary income.

Schedule K-1

A financial form that details the earnings, deficits, and dividend distributions for partners or shareholders of a partnership or S corporation.