Wednesday, September 26, 2007

Budget

I had my first experience with budgeting and spending money. Of course, I had no idea on what color forms my school wanted me to use. My department head told me "oh by the way I need the list of what you want to order for your subject area by Monday" Which of course was only a week away. Then she told me I also needed my big ticket item to be ordered by Perkin's money. Once again - did I know what Perkin's money was- of course the answer is no.

My fellow health occupations teacher helped walk me through the process. I already knew that my list had to be ordered by approved vendors only - so that was not a problem. The problem was that what I wanted for my big ticket item could only be ordered from one vendor. My co-worker advised me to get them to write a letter stated that they were the sole vendor of my item.

Overall the process was not as painful nor as difficult as I thought it would be. I had been advised by my wife and fellow co-workers to have my "wish list" ready so that when they decided to tell us it was time to place our orders that I would be ready.

For once I actually was!!!! Plus I was able to spend more money than my wife would have ever allowed me to in 10 years !!!!!!!!!!


Steven Vinsant

5 comments:

  1. Sounds like you had a pleasant introduction to budgeting and purchasing for your program. I'm curious though. What was the "big ticket item"? Are you allowed to say?

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  2. I ordered a "pedal kart" to use with my drunk goggles.

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  3. I had a similar experience when I was told I had $50,000 to start up my program. I had never had that kind of money before, had never taught before so I was a little clueless as to what I needed, and truthfully, I just wanted the money for my first year's salary!! HAHA! It all worked out though and I have some very nice equipment in my lab and classroom!

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  4. I found out I still had 31,000 to spend!!!This was after I thought I had no more money and I new I still needed equipment and supplies. I can't wait. I have catalogs ready and vendors. I just love shopping!!!!

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  5. Hi Steve,
    This summer we told you to keep 2 lists. One with big ticket items and one with small ticket items. That way you are prepared when your supervisor tells you there is money to spend. I actually do that at GSU as well and it works here too. Dr. J.

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