Brand new Ward, Incoming budget to fund the ward went into Administration. Can this be moved to budget allocations?

4 postsstarted by mortyghm 806 viewsoriginal topic

New Member
#1
We are a brand new ward and have received the majority of our budget somehow into our administration budget. Those funds are not showing under budget allocation. As a result our budget used percentages are being thrown off when looking at the budget. 2 part question. Can the administration budget be moved into allocations to allow the available budget to show correctly? If not then can we just ignore the budget allocation being way less than our actual funds in the budget? Hopefully that makes sense.
Senior Member
#2
If you are a new ward, then you probably don't have budget categories set up. I would not worry about them until next January. For 2021, you only need to worry about your bottom line ward account balance. Never allow that to go negative.
Dana Repouille, Plattsmouth, Nebraska
Senior Member
#3
I expect you probably got a check or transfer from the stake (or another ward) for your budget and that got deposited in Administration rather than Budget Allocation. I think you could write a check from Administration and then deposit it back into Budget Allocation so that you could then do things like normal.

Or you can just do a drepouille suggests and make sure your total budget isn't negative. I think that the budget screen will let you allocate more than it shows as available.
Senior Member
#4
For the first year of a new ward, the budget categories could be used just for data collection. So at the end of the year you can look back and see how much was spent in each category, so you have some data available to help you set the budget category amounts for next year. Just let them all go negative this year, except of course for the bottom line ward budget in the Income and Expenses Summary.
Dana Repouille, Plattsmouth, Nebraska