Scribd Logo
Upload

Welcome to Scribd!

  • Activity 1 Budget Challenges

    Uploaded by

    America's Service Commissions
    5 views1 page
    Developing and managing budgets can present several challenges. The most pressing issues when preparing an annual budget include balancing expenses with revenue, accounting for unexpected costs, ensuring compliance with requirements, and maintaining adequate funding levels. Key budget considerations involve maximum cost per member service year, subgranting procedures, participant attrition rates, staffing needs, timekeeping systems, matching requirements, and fundraising goals. Developing solutions for these challenges requires planning effective budgets.

    Original Description:

    Activity 1 Budget Challenges

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Developing and managing budgets can present several challenges. The most pressing issues when preparing an annual budget include balancing expenses with revenue, accounting for unexpected costs, ensuring compliance with requirements, and maintaining adequate funding levels. Key budget considerations involve maximum cost per member service year, subgranting procedures, participant attrition rates, staffing needs, timekeeping systems, matching requirements, and fundraising goals. Developing solutions for these challenges requires planning effective budgets.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views1 page

    Activity 1 Budget Challenges

    Uploaded by

    America's Service Commissions
    Developing and managing budgets can present several challenges. The most pressing issues when preparing an annual budget include balancing expenses with revenue, accounting for unexpected costs, ensuring compliance with requirements, and maintaining adequate funding levels. Key budget considerations involve maximum cost per member service year, subgranting procedures, participant attrition rates, staffing needs, timekeeping systems, matching requirements, and fundraising goals. Developing solutions for these challenges requires planning effective budgets.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Developing and Managing Your Budget

    Activity 1

    Budget Challenges
    1. What are the most pressing issues you are confronted with when preparing your
    annual budget?
    a. _____________________________________________________________
    b. _____________________________________________________________
    c. _____________________________________________________________
    d. _____________________________________________________________
    e. _____________________________________________________________
    2. Write the first thing that comes to mind as it relates to your program for the
    following:
    a. Maximum cost per MSY
    (AmeriCorps)
    b. Subgranting
    c. Members/Participant
    attrition rate
    d. Full-time project director
    e. Timekeeping
    f. Unique matching
    requirements
    g. Fundraising

    2013 Southwestern National Service Training Conference

    Page 1 of 1

    You might also like