So most companies have a big corporate office and a bunch of regional offices that they allocate money to, I get that. Let’s say a given office gets a $500,000/yr operating budget (just throwing out a random number). How do they spend exactly $500,000? Because they obviously don’t want to go over budget but they don’t want to have a surplus and lose $ next year. So is there wiggle room? Would they spend $499,995 or something?
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I work in a analytical chemistry lab, our lab manager (who manages 2-4 other labs in our building not including mine) has a list of all the tools and equipment everyone needs/wants and some makes the budget and some does not.
If the budget comes in short then we get some of the stuff we wanted to make our jobs easier/more efficient.
If sudden emergencies happen or equipment fails and it has to be fixed the money for the new water purification machine you wanted goes away and it moves to next years list.
Stuff thats needed (can’t do the job without it) comes in higher in priority than stuff that’s wanted (stuff that’s nice to have and makes things easier but you can do without)
if we get everything (budget was generous for that year, prices were lower, costs were saved etc) we just have a large order of extra supplies that won’t go bad quickly (stuff made of glass, gloves, safety glasses etc.) so that we keep a healthy amount of extra supplies.
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