How can the College formulate operating budget assumptions and projections in such uncertain economic conditions?
2. Economic uncertainty makes it difficult, but not impossible, to develop budgetary assumptions and projections for next year and the subsequent four years. Economic uncertainty also means that it is likely that the College’s budgetary assumptions and projections for the year and years ahead will need to be closely monitored and adjusted monthly based on changing circumstances.
Related Questions
- How did the global economic downturn and an uncertain economic outlook influence and impact the operating budget assumptions and projections?
- What are the operating budget projections for FY 2009-2010 that result from the assumptions adopted by the Board of Trustees?
- Are there special skills that negotiators need in order to navigate in uncertain economic conditions?
