Which of the following is a primary goal of public budget management?

A primary goal of public budget management is ensuring equitable allocation of resources. This involves making decisions that take into account the needs of different segments of the population, aiming to distribute public resources in a fair manner. Equity in resource allocation is vital because it helps to address inequalities and ensures that services are provided to those who need them most, fostering social justice and community well-being.

Balancing this goal within public budget management is essential; it assists in promoting access to services across various demographics and ensures that the budget reflects the collective priorities of the community. By focusing on equity, public managers can work towards creating a sustainable and responsible budgeting process that supports citizens effectively.

While minimizing taxes, maximizing revenue, and eliminating financial risk are important considerations in the financial management landscape, they do not directly capture the primary focus of public budget management, which is to support fair and equitable distribution of resources to meet the diverse needs of a community.