NABCC Budget Packet Finalized

B08 - Financial - 2009-02-05 16:50:41

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NABCC stands for Need, Approach, Benefits per Cost, Competition, and Cooperation. This is the system which the new budget packet will revolve around. This packet was finalized and implemented over this past B-Term. It took more work to fill out, but will make the OCFC process more efficient and easier for all clubs and organizations. For an overview of the NABCC budgeting packet: Budgets will be evaluated per event. Events can be equipment purchases, programming events, or any other programs that the club or organization may perform. The new packets will be filled out giving emphasis to each event. This will make the budget packets easier to fill out, for clubs to present their budgets, and will make it easier for the OCFC boards to evaluate budgets