Capella University
Abstract
The Medical-Surgical department must review their budget for next fiscal year. The CFO and
leadership team have concerns regarding the decline of the current fiscal year’s revenue resulting
in the necessary decrease in the budget of %5 for next fiscal year. The team’s objective is now to
review the line items within the budget to adjust and apply the necessary reduction. Currently,
, the department is experiencing a shortage of nearly $1.9 million while being over the current
budget by almost $3.9 million. By methodically reviewing each line item within the budget, cuts
can be made to preserve the areas that complete the work that generate revenue.
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