Memo

Following the institution of the cyphering process, which was designed to better focus on IT department outgo, I pass on produced my first attempt at the forecast figure for 2007. The pastime bequeath summarize the results of the 2007 run into work out. 2007 BUDGET FORECASTING In accordance to the ciphering process, include you allow find the forecast work out for 2006 and the positive budget expenditure for the first six months of 2006. The 2006 actual budget figures have been check and used as a basis for the 2007 budget and seen in the second spreadsheet. Major changes to the 2007 hap 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 crowd out be seen all crossways the board in the operational expenses portion of the budget.

Changes and reduction financial value percentages will reckon following accounts; Miscellaneous operating- apologise back by 50% Paper Supplies- trim follow through by 23% software system Licenses- trim down by 15% PC Maintenance- cut down by 37% Data chat Maintenance- cut back by 51% Telephone Operating Costs- reduced 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 many a(prenominal) of the operating accounts in driveway in effort to understate 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. lastly no capital projects are planned in 2007 and dandy expenditure for account 3021 was subtracted from the 2006 budget prior to calculating the 90% level. FUTURE ACTION A clash has been set up for tomorrow at 11a.m. to review the 2007 eventuality budget, attachments and answer any questions that you whitethorn have.If you want to get a full essay, order it on our website: Ordercustompaper.com

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