![]() Identify capital receipts which may be available to finance capital expenditure. The purpose is to acquire an asset or advantage of a lasting nature for the enduring benefit of the school. new computers or furniture) at this stage.Ĭapital expenditure is expenditure of a once off nature rather than recurring. ![]() ![]() Do not consider any items of capital spending (e.g. Gather all information regarding all possible expenditures – distinguish between essential or unavoidable spending and discretionary spending. Other income to fund day to day spending such as Parents’ contributions, voluntary subscriptions and fundraising (Revenue for Capital Spending is considered separately).Click here for Budget Template Cliceáil anseo le haghaidh Templéad Buiséadīegin with revenue – determine total resources available and identify all revenue sources. It’s an estimation of planned events expressed in monetary terms which enables financial planning to ensure efficient running of the school. A budget assists with controlling the school’s financial resources and maximising the use of available resources. A school budget assists the Principal in effective decision making to manage the school finances on a day to day basis.
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