Chapter 7 - The IT Budgeting Process 117 Appendix Sample IT Budget (with Definitions) Fiscal Year 20xx Cost Center': Information Techology (in U.S. Dollars; expressed in $1,000s) Operating Expenses Capital Expenses $XXX Sxxx Expense Categories Salaries/Benefits Detailed subcategories Subtotal Business Travel and Conferences/Education Detailed subcategories Subtotal $XXX $xxx Telecommunications and Telephony Detailed subcategories $XXX $XXX Subtotal Data Communications Detailed subcategories Subtotal $XXX $xxx Hardware Detailed subcategories Subtotal $XXX $xxx Software Detailed subcategories $XXX Sxxx Subtotal Contracts Detailed subcategories Subtotal $xxx $XXX Supplies Detailed subcategories Subtotal $xxx $xxx Other Detailed subcategories Subtotal $XXX $XXX Total $xxx $xxx 'Cost Centers: The department or resource pool for which a budget is developed and managed. Single be broken down into application development and infrastructure and operations. Expense Categories: The individual budgeted line items of an area within a given cost center. For example, expense categories might be salaries/benefits, travel and entertainment, telecommunications, data communications, hardware, software, contracts, supplies. Operating Expenses: All monetized costs that affect the current-year income statement. "Capital Expenses: All monetized costs that are partially deferred to income statements in future years. Chapter 7 - The IT Budgeting Process 117 Appendix Sample IT Budget (with Definitions) Fiscal Year 20xx Cost Center': Information Techology (in U.S. Dollars; expressed in $1,000s) Operating Expenses Capital Expenses $XXX Sxxx Expense Categories Salaries/Benefits Detailed subcategories Subtotal Business Travel and Conferences/Education Detailed subcategories Subtotal $XXX $xxx Telecommunications and Telephony Detailed subcategories $XXX $XXX Subtotal Data Communications Detailed subcategories Subtotal $XXX $xxx Hardware Detailed subcategories Subtotal $XXX $xxx Software Detailed subcategories $XXX Sxxx Subtotal Contracts Detailed subcategories Subtotal $xxx $XXX Supplies Detailed subcategories Subtotal $xxx $xxx Other Detailed subcategories Subtotal $XXX $XXX Total $xxx $xxx 'Cost Centers: The department or resource pool for which a budget is developed and managed. Single be broken down into application development and infrastructure and operations. Expense Categories: The individual budgeted line items of an area within a given cost center. For example, expense categories might be salaries/benefits, travel and entertainment, telecommunications, data communications, hardware, software, contracts, supplies. Operating Expenses: All monetized costs that affect the current-year income statement. "Capital Expenses: All monetized costs that are partially deferred to income statements in future years