UNIT IV OPERATING THE PROGRAM Reporters: Bartolome, Kara Katrina Cagayan, Vernice De Guzman, Francel Marie Erlandez, Krisgelle Erosa, Annalyn Salem, Mariam Rachel Tunacao, Maribel BUDGETING process BUDGET ylist of every item connected with a school operation for which cash payment may be made.yStatement of all the services and programs of the school expressed in money terms.DEVELOPING BUDGET ITEMS Service, Programs, and Goals yALL staff members should have an opportunity to be involved. yThe budget should begin with services, programs, and goals, not with expected amount. Budget Justification yExplanations of any items that might raise questions in the mind ofsomeone reviewing the budget yClear and complete justifi cation statements ind icate a well-planned or well prepared budget The START-UP BUDGET (Start-up costs) Capital costs - renting/leasing, equipment and supplies needed to begin operation of the school Working Capital- Needed to cover operating expenses during the 1 st months Labor and mis cellaneous cos t - teache r aides, kitch en workers, maintainance staff can be added later as t he need arises THE OPERATING BUDGET Staff salaries Fringe benefits -All of the services that the school makes available to its personnel (social security, unemployment benefits, retirement, disability, insurance, medical coverage, sick leave, vacation pay). Consultant services -These consultants are people who contribute to the program but on an infrequent basis.Equipment -items that are fairly permanent-items that last 3 years or more Supplies and materials-Items used up in the process carrying the functions of the schoolTransportation-field trips and tr ansportation to and from school; conferences, or workshops Food- meals and snacks served
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