Elements of an annual 
                              budget
             • Projected expenses
             • Projected income
             • Interaction of expenses/income
             • Reflective adjustments
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           Advantages of a budget
              • Sharpen your goals
              • Get the real picture
              • Deal with money sensibly
              • Gets required information
              • Facilitates discussion
              • Helps to avoid surprises
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             Determine your needs
             • What would most help your program? 
             • How many staff positions are needed? 
             • How much will staff be paid?
             • Where will staff salaries come from? 
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               Estimating expenses
                • Develop ways to estimate
                • List necessities
                • List activity expenses
                • List obligatory expenses
                • Make a wish list
                • Add up all expenses
                                                    Copyright © 2014 by The University of Kansas
                 Estimating income
                 List…
                 • Known income
                 • Fundraising estimates
                 • Commercial estimates
                 • Membership dues
                 • Sublet/rent income
                 • Investment income
                 • Misc. sources
                 Add up all listed
                                                    Copyright © 2014 by The University of Kansas