I. Proposal A. Options: What various options are available for each item in your budget proposal? Provide multiple options for your supervisor or board to consider based on their needs.

B. Financial Research: Describe the cost-benefit of each option based on relevant information and research. Information and research can include research on the items or vendors, organizational numbers, price quotes, and more. Be sure to provide relevant documentation in an appendix or reference slide to show the depth of your research and the various options available.

 C. Organizational Resources: Identify what resources would be needed to implement one of the options in your proposal

 D. Communication: What method of communication would be used to notify departments across the organization, and what methods would be used throughout proposal implementation? Justify the appropriateness of your suggestions.

 Budget (Please Note: Respond to the following critical elements in the proposal outline, not on the Excel document)

A. Statements: What statements were utilized for formulating your proposal. Why? Select the appropriate statements for analysis and defend your choices.

B. Expenses: What major expenses are associated with your proposal items? C. Budgetary Accounts: What budgetary accounts (i.e., salaries) are impacted, and in what way?

D. Reasoning: Based on the previous year’s budget data, why did you select these budget items for adjustment over other options?

E. Ratios: Research the various ratio options (including ROI) used for reviewing financial statements. Determine what ratios you will use for your proposal items and explain why.

 F. Ratio Calculations: Using budget statements, formulate calculations that support each recommendation.

G. Projected Departmental Budget: Create a projected departmental budget for the upcoming year that incorporates the costs of the proposed changes.