Problem:
A program budgetary needs assessment determines the financial needs of a small group or program in order to assist schools in allocating funds based on needs and priorities. A program budget review requires looking at key information about a program in order to develop a clear picture of how the program fits into the school's continuous improvement plan.
Summary of the budget that includes:
- A brief overview of the program or activity including its purpose, structure, and participants
- Current budget expenditures, including unexpected (unbudgeted) expenses
- Current budget revenue
- Non-budgetary resources required to operate and meet organizational goals (e.g., volunteers, facilities, large equipment provided by school or community)
- A description of how the budget is monitored, and the process of how unexpected adjustments are made to the budget