Tuesday, February 8, 2011

Budgeting Process



As I continue to work my way through the draft budget binder in preparation for this weekend's Finance Committee meeting, here's another little bit I can share now:

In addition to detailed (and I mean detailed down to the cost of the envelope used to send the new membership card) information about all areas of income and expenses, we also get copies of articles about trends in banking fees, investment environments and advice, salary comparisons in the area and nationwide, changes in IRS 1099 requirements, and concrete plans and goals for each National Office department.

My point is that the budgeting development process is anything but "look at last year and add 5%."

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