BUDGETING AND PLANNING
WHAT A BUDGET IS (and what it is not)
DEMAND IS INFINITE, RESOURCES ARE NOT.
- State the limits on activities - in terms of
outputs or inputs
- Priority Based Budgeting is essential
- Income and Outgoings have to balance in the
WE WILL DO THAT IF IT IS SELF FUNDING
DO NOT FORGET CASH
BUDGETS ARE GUIDES NOT TABLETS OF STONE.