- Research Article
1
- 10.1108/08880459910293509
Revolving fund budgeting: eliminating the spend it or lose it mentality
- Dec 01, 1999
- The Bottom Line
- Eva Randall
If program managers knew that unexpended funds could be rolled from one year to the next without explanation, would they roll funds and save for future expenditures? Wouldn’t you? This article is a proposal to allow for just such a strategy. This proposal also redefines and simplifies the budget process, as well as changing the focus from individual lines to whole activities.
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