be the K9 division. The Sheriff department and city police has notice that the crime rate, missing persons and, arson has gone up. Ten officers from other divisions have already volunteered for this division without a change in pay. So, the salary budget with not change for this department. Mission Statement The Mission Goff Police Department's K-9 division is to respond to help with the Patrol division along with other division in this police department when required. K-9 division is also…
Specific Purpose: To inform my audience on ways to stick to a budget while a college freshmen. Thesis: Adjusting to college life is difficult and maintaining a budget can be a lot more challenging. The importance of budgeting how much money are you going need Transition: Let’s examine some expenses that are associated with college. INTRODUCTION I. Budgeting with limited funds and many costs. II. There are various expenses related to college, books, tuition, housing, food, clothing, cell…
In fact, if Google did not have a well-structured budget, they would not be able to properly manage their investments. An outcome such as this will possibly trigger problems with the profits, accountably, assets and liabilities. Properly maintaining budgets and tracking the expenditures of each department is essential to the success of a company. Another reason Google needs to maintain and prepare a budget, is because this helps them to identify company weaknesses, provide…
Thank you for affording me the opportunity to review your budget proposal for the Chicago Public Schools (CPS). The purpose of this memorandum is to provide information regarding the implementation of a new district-wide budgeting system. As requested, I have assessed the current CPS centralized budgeting system and evaluated the desirability of implementing an equity-driven, student-based planning and budgeting policy, better known as the Weighted Student Formula (WSF). Based on the…
this paper, we will discuss the operating budget and variance analysis for Peyton Approved, which is a manufacturer of pet supplies. The operating budget is a combination of known expenses, expected future costs, and forecasted income over the course of a year (Bradford). Operating budgets are focused on facilitating income. Operating budgets include: sales and collections budget, cost of goods sold budget, the inventory and purchasing budget, and the budget for operating expenses (Bradford). On…
to create a budget to assure one’s future. Like, most teenagers we discarded the idea of needing a budget and spent as much as possible on unnecessary luxuries. They say knowledge is power, so that means that budgeting can help assist in creating that knowledge. When your able to create a true budget, you are able to force yourself to see what your expenses are. Creating a budget line allows one to be accountable when it comes to spending. When you are initially creating your budget line you…
Drury refers to traditional budgeting as " where once per year the manager of each budget center prepares a detail budget for one year", (Drury, 2009) or as ‘annual budgeting’. Traditional budgeting does present itself with some benefits such as providing a sturdy framework of control, Block (2000). The main aim for traditional budgeting is to mangage the company’s finanical ongoings and thus the budget plan §becomes a reference point or a center pinpoint for activites. Consequently this…
did not come without challenges some weeks. One of the biggest challenges that I had was with the budgeting assignment. I did not realize how many different parts there are for a budget for an organization. The simple line item budget, we did does not even include all that would be involved in producing a full budget for the organization. The financial part of an organization has more parts than just the cost of supplies and wages paid to the employees. The financial management process…
How to Plan and Budget for a 2017 Digital Transformation Project Companies launch a digital transformation initiative for a variety of reasons. Some are looking to respond to changes in customer demands and preferences, others are trying to remain competitive and some companies see the opportunity to expand into new markets. Whatever your organization 's reason for undertaking a digital transformation project, you will need to plan and budget wisely if you want the project to be a success.…
depends on the budgetary process. As a matter of fact, the budget is an important policy document that affects the development of a state and lives of ordinary citizens in an important way. The budget is supposed to show how the states intend to spend and raise revenue for the various expenses. As the chief executive of the state government, the governor oversees the development of the budget by state officers. The process of approving the budget proposal requires an excellent coordination…