Memo

Following the institution of the cyphering process, which was knowing to better focus on IT department outgo, I sop up produced my first attempt at the forecast figure for 2007. The by-line bequeath summarize the results of the 2007 venture reckon. 2007 BUDGET FORECASTING In accordance to the cyphering process, include you depart find the forecast cypher for 2006 and the echt budget outlay for the first six months of 2006. The 2006 actual budget figures have been call back and used as a basis for the 2007 budget and seen in the second spreadsheet. Major changes to the 2007 adventure budget ar include in the salary deductions in the form the drop-off of non-essential personnel. This is decrease of 8%. Tighter operation expenses preserve be seen all across the board in the operating(a) expenses portion of the budget.

Changes and reduction fiscal value percentages will sham following accounts; Miscellaneous operating- virgule back by 50% Paper Supplies- trim pour down by 23% sheaf Licenses- bring down by 15% PC Maintenance- cut back by 37% Data dialogue Maintenance- trim back by 51% Telephone Operating Costs- lessen by 18% Consulting Services- reduced by 57% Dues and memberships- reduced by 5% Training- reduced by 19% educational Assistance- reduced by 17% Travel- reduced by 39% Communications- reduced by 1% Telecommunication projects- reduced by 3% CONCLUSIONS As seen on the budget, cuts have been made to numerous of the operating accounts in case in effort to smirch spending. The net result is that the budget for 2007 has been decreased 10% than that of the 2006 budget for a total of $3,580,000. in the end no capital projects are planned in 2007 and neat expenditure for account 3021 was subtracted from the 2006 budget prior to calculating the 90% level. FUTURE ACTION A conflux has been set up for tomorrow at 11a.m. to review the 2007 contingency budget, attachments and answer any questions that you may have.If you want to get a full essay, order it on our website: Ordercustompaper.com

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