Category: Budget

  • Analyzing a Budget Overrun in a School Restoration Plan

    Analyzing a Budget Overrun in a School Restoration Plan The main topic of the current letter is to discuss the budget overrun regarding the restoration of the new school tailored for disabled children. According to the primary inquiry, the technological aspect of the school support was not mentioned. Conducting the detailed analysis of the initial…

  • Cash Budget: Plan and Aspects

    Cash Budget: Plan and Aspects Introduction A budget is a set of combined plans that describes the organizations forecasted future operations quantitatively. Budgets are often used by organizations as a yardstick to measure actual operations, allocate funds and also plan for future operations. Overtime, it has proved to be an excellent management tool since on…

  • Balancing the New York City Budget

    Balancing the New York City Budget Table of Contents The Governors approach in closing the 2003-2004 Budget Gaps Independent budget office Focus analysis Urban Tax Forecast Options exploited by MTA for closing the Gap Future MTA revenue requirements The palisade principles of balancing New York budget References New York States Budget Gap originated from Wall…

  • Restructuring of Los Angeles Police Department Fiscal Budget

    Restructuring of Los Angeles Police Department Fiscal Budget Abstract The compilation of LAPDs annual budget involves the administration of all fiscal resources, including the acquisition of all equipment and supplies, management of contracted services, and the processing of travel and training expenses. The Administrative Services Division (ASD) is responsible for the centralization of fiscal wage…

  • Impact of the Presidents Budget Fiscal Year 2009 in United States

    Impact of the Presidents Budget Fiscal Year 2009 in United States In the year two thousand and nine financial years, the three trillion budget was released by the administration on Monday the fifth. It involved a cut in the budget where the Domestic program planned for the highest cuts in communities and families that are…

  • Researching of Basics of Budget

    Researching of Basics of Budget The budget in any field of activity or business is an essential part of its functioning. Thanks to the funding, it is possible to calculate all income and expenses, plan any costs, and implement any plan for the modernization of production, its functioning, and improvement. Any company or organization must…

  • Project Budget: Top-Down vs. Bottom-Up Estimating

    Project Budget: Top-Down vs. Bottom-Up Estimating Creating a budget for a project is a complex task that requires a careful analysis of the existing assets and an evaluation of the threats that the project in question may be exposed to. Traditionally, two strategies for calculating the budget are identified; these are the top-down and the…

  • The Notion of Budget Credibility

    The Notion of Budget Credibility Table of Contents Introduction Fiscal Transparency and Budget Credibility National Budget and Expenditure Drift Conclusion Reference List Introduction Budget credibility is a crucial concept in public financial management (PFM) that determines how reliable and transparent government spending is. In turn, high budget credibility improves public trust in the official fiscal…

  • Visor Ltds Cash Budget Analysis

    Visor Ltds Cash Budget Analysis January February March £ £ £ Income Cash Sales 2,200 5,200 5,500 Payments from previous months sales 30,750 19,800 46,800 Total cash inflow 32,950 25,000 52,300 Expenditure Purchases 10,000 11,000 13,000 Salaries 8,000 9,000 10,000 General overheads 14,200 16,200 17,200 Other expenses 43,000 0 0 Total Cash Outflow 75,200 36,200…

  • Traditional Budget and Zero-Based Budget

    Traditional Budget and Zero-Based Budget Table of Contents Introduction Concept Definitions Differences Conclusion References Introduction Modern organizations use several types of budget creation. Each approach has its advantages and is suitable for specific tasks. The following paper identifies the differences between the most common approaches  a traditional budget and a zero-based budget. Concept Definitions…