Budget 101   Make it Don't Break it
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Budget 101 Make it Don't Break it

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Leading for the Future Conference - Special Olympics Vermont

Leading for the Future Conference - Special Olympics Vermont

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Budget 101 Make it Don't Break it Presentation Transcript

  • 1. The Budget: Make It, Don’t Break It! Wendy LaPine Kenny, Finance Manager Vermont 1
  • 2. Is a Budget like a Diet? For many, the idea of budgeting money is about as appealing as dieting. But unlike diets, budgets, for the most part, do not require extreme hunger or weigh-ins! So grab your pencil, paper and chocolate as we embark on the thrill of numbers! 2 / Special Olympics Vermont
  • 3. Benefits of a Budget • Provides a written plan for managing money during a given period of time • Forces evaluation and modification of spending patterns • Is the road map to meeting financial goals Vermont 3
  • 4. Building a Budget • Budget Template Draft • Align to existing Chart of Accounts • Gather historical information to substantiate Income and Expense numbers • Determine short and long-term goals • Research any “new” events or competitions to gather estimated income and expenses associated with such • Don’t hesitate to use notes to document numbers 4 / Special Olympics Vermont
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