28 Sep '15, 8pm

10 Keys to Success in School #Transportation #Budgeting: #schoolbus

10 Keys to Success in School #Transportation #Budgeting: #schoolbus

5. Understand budgeting concepts To ensure budget development success, you should also understand what type of budgeting concept your school district or company uses. Some organizations prefer zero-based budgeting. This is where every line at the start of new budget development is sent to zero, and the budget is then developed from the ground up. This means that every single dollar you place in each line needs to have justification as to how it benefits your operation or helps your organization reach its goals. A roll-ahead budget, which seems to be more common, is a budget process that basically establishes the current level of operation as the baseline or minimum level of service and programs that stakeholders expect, and then builds the budget from there. With roll-ahead budgets, there is still the need for justifying budget lines, but it is not as detailed as a zero-ba...

Full article: http://www.schoolbusfleet.com/channel/management-training...

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