I have a question about budgets in an In-plant, but could not locate the appropriate forum to post. Please help.
We have an in-plant that we operate as part of our local Career & Technical Center. In addition to training students, we have a small staff the runs production for the school division. We have a "0" based budget which includes categories for "purchased services" for things like copier leases, "compensation" for salaries, and "materials and supplies". As we spend down these individual categories, we approach "0" monies left.
As we are taking on more work, our materials and supplies budget has already been depleted for the year. The finance office now has to pull money out of other categories to keep enough money in materials and supplies so we can order more. Since we charge for the cost of supplies+, we are bringing in more then enough funds to replace what we are spending. But they indicate we have to wait until the end of the budget year (June 30) to determine if we have any surplus to use.
My question is: how do other in-plants handle this. How do you replace the supplies you need to order to complete customers jobs without running out of supply money before you budget year. If we get any big requests for print jobs over the next few months, we will not be able to order any more supplies as all the other categories will have been transferred to our supply account.
We have an in-plant that we operate as part of our local Career & Technical Center. In addition to training students, we have a small staff the runs production for the school division. We have a "0" based budget which includes categories for "purchased services" for things like copier leases, "compensation" for salaries, and "materials and supplies". As we spend down these individual categories, we approach "0" monies left.
As we are taking on more work, our materials and supplies budget has already been depleted for the year. The finance office now has to pull money out of other categories to keep enough money in materials and supplies so we can order more. Since we charge for the cost of supplies+, we are bringing in more then enough funds to replace what we are spending. But they indicate we have to wait until the end of the budget year (June 30) to determine if we have any surplus to use.
My question is: how do other in-plants handle this. How do you replace the supplies you need to order to complete customers jobs without running out of supply money before you budget year. If we get any big requests for print jobs over the next few months, we will not be able to order any more supplies as all the other categories will have been transferred to our supply account.