# Accoubting

Creating a Budget

Various budget approaches play an important role in resource allocation in human service organizations. You are the executive director for a local government workforce agency that focuses on providing career- and work-related skills. The Department of Education has awarded your agency with grant funding of \$1.6 million to provide training programs to high school dropouts. The funded programs are a basic work skills training program and a vocational program. You are preparing a budget matrix to present to the awarding agency. The matrix budget consists of line-item, functional, and program budgets.

Operating Expenses: Per Year
Rent
\$125,000

Utilities
\$100,000

Office supplies
\$25,000

Equipment/lease
\$50,000

Transportation and travel
\$100,000

Outside consultants
\$100,000

\$100,000

Personnel expenses: Annual Salary Number of FTEs
Executive director
\$100,000
1
Training supervisor
\$80,000
1
Trainers
\$50,000 10
\$45,000 1
\$25,000 3
Employee-related benefit expenses @ 25%
\$200,000

All costs excluding the salary of the executive director and training supervisor will be allocated according to this formula:

60% to basic skills program
40% to vocational program

Number of eligible students: 1,000

Use the information above to create each of the following:

1. A line-item budget table showing all associated costs implementing the training programs.
2. A combined functional and program budget to calculate all costs per enrolled student.

I need help understanding how to complete question 2.

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http://search.yahoo.com/search?fr=mcafee&p=how+to+do+a+functional+%26+program+budget+calculating+all+costs+per+student

Sra

Also, if you check Related Questions below, often there is help.

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