Respond to this post with 250 words and 2 apa cites no older than 4 years old. Budgeting is such an important tool to implement into any type of organization. One of the types of adopted budgeting

Respond to this post with 250 words and 2 apa cites no older than 4 years old.   

Budgeting is such an important tool to implement into any type of organization. One of the types of adopted budgeting this growing increasingly popular is  zero-based budgeting . The purpose of this budgeting method is that each individual budget in the district is built from scratch which in turn forces decision leaders and budget owners to justify their existing and new spending according to district criteria. This method of budgeting allows department heads to identify alternative ways to utilize resources and is often used as an opportunity to reflect on district goals, programs, and needs that require improvement or support.

With this method, every expense is justified and every function within an organization is analyzed for its needs and costs. It can help districts provide context and detail to their expenditures, and lead to significant improvement in both spending and student achievement. However, this method requires a considerable amount of staff time and planning for development, and can be tedious and time-consuming for large districts with thousands of budget items (2019).

(2019).  Ask Allovue: What is Zero-based budgeting? Retrieved from https://allovue.com/blog/2019/ask-allovue-what-is-zero-based-budgeting on October 22, 2019.