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Finance Basics for Scout Units: Difference between revisions
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<p>Your '''Scout Unit Budget''' must be ready for the start of the new fiscal year and approved by the Scout Unit Committee. The budget sets the guidelines for 1) funds needed to be raised and 2) cost parameters for all activities for the year. | <p>Your '''Scout Unit Budget''' must be ready for the start of the new fiscal year and approved by the Scout Unit Committee. The budget sets the guidelines for 1) funds needed to be raised and 2) cost parameters for all activities for the year. | ||
* '''[https://docs.google.com/spreadsheets/d/1y9EvjlbdPJ8aq8EXFqq1LEDgtoZnNOgHWCKN5UQpHrE/edit#gid=0 Budget Template for Scout Troops]''' - Sample Annual Budget. | * '''[https://docs.google.com/spreadsheets/d/1y9EvjlbdPJ8aq8EXFqq1LEDgtoZnNOgHWCKN5UQpHrE/edit#gid=0 Budget Template for Scout Troops]''' - Sample Annual Budget. (Packs, Crews and Ships can use a similar format.) | ||
=== Budget Basics === | |||
Prior to setting a budget, your troop committee needs to preset the major priorities of the unit for the year - Pinewood Derby, Summer Camp, Snow trip, major service project. Then determine the cost of each of those major events. Knowing the cost of your program you can start setting revenue targets. | |||
=== Donations === | |||
One of the duties of the Treasurer and/or his/her Assistant is to identify "Friends of the Pack" (Troop, Crew, Ship, etc) who are willing to make donation to help the program. There are a number of civic groups in each community that have a stated purpose to help support youth programs. | |||
(Kiwanis, Moose Lodge, Elks Lodge, Veterans groups, Local city government, etc.) | |||
=== Operation Reserve === | === Operation Reserve === | ||