You have been asked to calculate the operations budget for the HIM department for the new fiscal
Question:
You have been asked to calculate the operations budget for the HIM department for the new fiscal year. The hospital has announced that there will be a 2% increase in the operations budget across the board. Based on the current line items and fiscal year budget shown in Table 6-26, calculate the new budget.
Table 6-26 Line Items - Operations Budget Facility 1
Line Items for Operations Budget | ||
Line Item | Current Budget | New Budget |
Supplies | $ 7,500.00 | |
Maintenance | $2,000.00 | |
Equipment | $12,000.00 | |
Software licensing | $ 1,000.00 | |
Copy machines | $ 5,000.00 | |
Folders | $15,000.00 |
Facility 2 Operations Budget
You have been asked to calculate the operations budget for the HIM department for the new fiscal year. The hospital has announced that there will be a 2% increase in the operations budget across the board. In addition, there will be a 5% increase in the maintenance costs and your software. Based on the current fiscal year budget shown in Table 6-27, calculate the new budget.
Table 6-27 Line Items—Operations Budget Facility 2
Line Items for Operations Budget | ||
Line Item | Current Budget | New Budget |
Supplies | $5,500.00 | |
Maintenance | $2,000.00 | |
Equipment | $15,000.00 | |
Software licensing | $1,500.00 | |
Copy machines | $3,000.00 | |
Folders | $8,000.00 |
Facility 3 Operations Budget
You have been asked to calculate the operations budget for the HIM department for the new fiscal year. The hospital has announced that there will be a 6% decrease in the operations budget across the board. Based on the current fiscal year budget shown in Table 6-28, calculate the new budget.
Table 6-28 Line Items - Operations Budget Facility 3
Line Items for Operations Budget | ||
Line Item | Current Budget | New Budget |
Supplies | $6,000.00 | |
Maintenance | $3,000.00 | |
Equipment | $20,000.00 | |
Software licensing | $1,500.00 | |
Copy machine | $2,500.00 | |
Folders | $5,500.00 |
Facility 4 Operations Budget
You have been asked to calculate the operations budget for the HIM department for the new fiscal year. The hospital has announced that there will be a 5% decrease in the operation budget across the board. The budget must be cut in spite of the fact that maintenance and software licensing is being increased by 2%. Based on the current fiscal year budget shown in Table 6-29, calculate the new budget.
Table 6-29 Line Items – Operations Budget Facility 4
Line Items for Operations Budget | ||
Line Item | Current Budget | New Budget |
Supplies | $4,500.00 | |
Maintenance | $3,000.00 | |
Equipment | $4,500.00 | |
Software licensing | $750.00 | |
Copy machine | $800.00 |
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese