Resource Development Analysis. Zero-Based Budget. Variance. Financial Management. Estimating Expenditure Growth versus revenue loss. Blah.
One question, of several, needing an answer by Monday night (this one question not-so-secretly contains four questions):
What is the revenue shortage (as the result of revenue loss) if there is any, based on the information in Table 2.9?
If the actual shortage is A, what is the estimation error?
If the tax rate increases from X percent this year to Y percent next year and all other estimations are unchanged, what is the estimated revenue shortage, if there is any?
If the tax rate increases from X percent this year to Y percent next year and all other estimations are unchanged, and if the actual shortage is A, what is the estimation error?
Rusty math and left brain skills.
Yet, I found a numerical typo in one of the readings (but the table numbers still don't quite jive... they're all laid out but don't compute the same as the text example they're compared to, but are rather off by a few cents expenditure per capita, even with the typo correction). So, these things make me read and re-read some sections slowly. But, oddly, some of the text is very repetitive on simple things, such as the notion that a shortage could be due to both a revenue loss and an expenditure increase. Duh.
Repeat to myself as needed: Building nonprofit management skills and marketability within a wider base of the fine arts field.
Gear: Nikon D90, Nikkor AFD 60mm f/2.8 micro