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What Causes a Budget Shortfall?

Of all items in an organization’s over-spending, which ones might cause a budget shortfall?

One might say, of course, that a 2% increase in X, or a 5% increase in Y, would be the cause an expected shortfall.

There’s a simple answer, though: each and every expenditure contributes to the overall shortfall.

An organization might have many costs: materials, salaries, benefits, advertising, utilities, etc. It’s not just a 5% increase in Y, but a continuing expenditure on Z (even at last year’s levels) that adds to a shortfall.

Pointing to some costs distracts from looking at others.

Emphasizing more-recent costs (for example), to the exclusion of long-standing expenditures, isn’t simply an objective financial calculation, but a subjective political one.

What really pushed the organization over the top? All that lies below.

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