Memo

Following the institution of the cyphering process, which was designed to better focus on IT department outgo, I have produced my first attempt at the forecast reckon for 2007. The following bequeath summarize the results of the 2007 contingency bud set forth. 2007 BUDGET FORECASTING In accordance to the budgeting process, include you go away find the forecast budget for 2006 and the actual budget using up for the first six months of 2006. The 2006 actual budget figures have been bet and used as a basis for the 2007 budget and seen in the second spreadsheet. Major changes to the 2007 contingency budget ar include in the salary deductions in the form the drop-off of non-essential personnel. This is simplification of 8%. Tighter operation expenses can be seen all crosswise the board in the operating expenses portion of the budget.

Changes and reduction pecuniary value percentages will affect following accounts; Miscellaneous operating- buffet back by 50% Paper Supplies- trim spile by 23% packet Licenses- trim by 15% PC Maintenance- trim down by 37% Data colloquy Maintenance- reduced 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 movement in effort to defame spending. The net result is that the budget for 200 7 has been decreased 10% than that of the 20! 06 budget for a total of $3,580,000. ultimately no capital projects are planned in 2007 and groovy expenditure for account 3021 was subtracted from the 2006 budget prior to calculating the 90% level. FUTURE ACTION A meeting has been set up for tomorrow at 11a.m. to check into the 2007 contingency budget, attachments and answer any questions that you whitethorn have.If you want to get a full essay, order it on our website: BestEssayCheap.com

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