Budgeting and Advocacy within an Agency
Agency advocacy activities a social worker engages in might include budgeting and fundraising. As the clinical program manager of Hope Springs Day Program for Adults, you have been tasked with reducing spending within your program due to the current projected deficit for the upcoming year. For the upcoming fiscal year, overall projected revenue is projected to be $1,935, 000. However, projected expenses total $2,398,000, giving you a negative balance of $463,000. Use the attached program budget sheet to cut spending by creating an advocacy plan for the elderly.
Identify your fixed and variable expenses within your program budget. Label them within your budget sheet.
Identify areas where you would make adjustments to make up for the revenue loss.
Within these identified areas, calculate how much you would subtract and/or add to the budget. (You are not allowed to increase revenue to make up for current losses).
Explain your reasons for the budget adjustments you made and provide justification for your decisions.
Imagine you are presenting this program to some investors in order to raise money. What would be your “pitch” to encourage them to invest in your program? Note: A “pitch” is an inspiring presentation of a project idea to potential investors.
This assignment is informed by the following EPAS Standard:
8: Intervene with Individuals, Families, Groups, Organizations, and Communities (System Level: Organizations)
I added references that can be used
