Budget...how much is yours?

[mr.activity 0]

How do figure your monthly budget?

I use the total number of residents times the number of days in a month times .50 cents.

[Vanessa 0]

I'm very lucky at my facility. We don't use any formulas such as a certain dollar amount attached to the number of residents x the number of days in the month. My budget is project-based. For instance, I am working on a book with my residents. The budget is based solely on the projected costs - paper, printing, binding, book party. My cooking groups are based on how many groups I intend to have that year and a base cost plus extra added in for cooking groups that may cost a little more. I may project that each cooking group is going to have a base cost of $15.00. So if I do two cooking groups a week each week of the year, I would project my budget to be $1560 plus I would probably add in $100 - $150 for any potential overages or for rising costs. I do this with each potential group. I have the ability to "borrow" from one project budget for another. I also have a discretionary fund available for projects that come up during the year that were not budgeted for. >Vanessa

[Mandyatscr 0]

I have a monthly budget of 400 dollars which works out to about 13 cents ppd. But I also do fund raising things on money not in the budget that we use a lot.