1. Budget Plan

2. Budget in context of b-plan
Handouts/Templates
1 year detailed budget
5 year forecast budget
Budget in context of b-plan

3. 1 Year Budget Full FY Budget Use for calculating fees
Include all costs to run core
Make sure you balance
Information here fed into OSU financials

4. Personnel

5. Other Expenses/Income

6. 5 Year Budget 5 Year Budget For Business Plans
Include all costs to run core
Helpful in asking departments for money
Helpful for setting up MOUs
Future Planning

7. 5 Year Budget Expenses vs Sources of Funding $ - Assumptions:
TOTAL
Yr 1
Yr 2
Yr 3
Yr 4
Yr 5
CURRENT Expenses:
Salaries:
Sal + Fringe
$ - $ -
Subtotal Salaries:
Non Salary Expenses:
Supplies
Maintenance Contracts
Overhead
Subtotal Non-Salary Expense:
TOTAL EXPENSE
CURRENT Sources of Income:
Project Income:
Earnings
Carried forward deficit/surplus
Other sources of funding
TOTAL FUNDING:
TOTAL P&L
Assumptions:
**Fringe rate stays the same
**3% annual increase
**overhead costs remain the same

8. Resources for details and clarification at OSU
References
Resources for details and clarification at OSU
Scott Gill
Corporate Tax Manager
Direct all questions about revenue received from outside of OSU
Amy Weisbach
Project Manager-Fin Analysis
Questions about earnings operation budget
for general questions about earnings (frequently monitored)
Financial Planning Office:

9. Resources for details and clarification
References
Resources for details and clarification
Good summary recharge rates by NIH •
Defines program income •
Tools to help with complex rate calculations •
(source of example) tyForms.asp

10. Questions?