Example Of Essay On Budget Cut At California State University East Bay

For any institution to be in a position to run smoothly there has to be a balance between the expenditure and the source of revenue. The balancing of expenditure and income is aimed at minimizing any deficits or bring about debts that might affect the daily operations of an institution. One of the ways that is used to strike a balance between income and expenditure is through the initiation of budget cuts. This is the approach that California State University East Bay has adopted in order to enhance more efficiency in the institution’s operations. This essay intends to recommend on how such a budget cut should be effective without creating opposition among the various stake holders that are beneficiaries to the institution.
First of all, it is important for the institution to take priorities in some of the sectors that are important to the running of the institution. The quality of education at the institution is the sole purpose that makes the institution existent. This means that the financial measure should not affect the quality of education in the institution. Other departments that are subordinate to education should be the departments that should be considered for budget cuts before the institution can cut funds on vital departments such as education. The second important consideration that the institution should consider is reducing the amount of finances that are lost in the form of excessive labor (Notermans 92). This means that departments that are overstaffed should have their labor force reduced so that the amount of finances being lost in the form of wages is reduced (Braun 218). Budgetary cuts might cause inconveniences to some people but there are vital method of making sure that a company or institution does not shut down or increase its amount of debt.

Works Cited

Braun, Dietmar. Fiscal policies in federal states. Aldershot, England: Ashgate, 2003. Print.
Notermans, Ton. Money, markets, and the state: social democratic economic policies since 1918. Cambridge, UK: Cambridge University Press, 2000. Print.