THE BUDGET: AN IMPRECISE DOCUMENT FOR COST ANALYSIS

Abstract

In times of fiscal stringency, administrators and managers are pressured to reduce costs, to find more innovative and more efficient methods of providing services. The largest portion of library expenditures is allocated for personnel (usually 65 percent or more of the budget), followed by 12 percent to 15 percent for materials. Thus these two areas are generally the first places where reductions are sought.

Citation

Eisner, J. (1991), "THE BUDGET: AN IMPRECISE DOCUMENT FOR COST ANALYSIS", The Bottom Line, Vol. 4 No. 4, pp. 37-38. https://doi.org/10.1108/eb025310