Budget and Operational Budgeting

What are the four major(ip) types of agency budgeting systems? The four types of agency budgeting systems are capitol budgeting, operational budgeting, personnel budgeting, expendables and accountable. The congress advantage between these is they have a need to be the metrical foot for the c on the wholeer-up. These are what help the go with as far as pay, honorarium and uniforms. This budgeting system allows for the company to figure out what will be required to work out certain jobs and how galore(postnominal) of what might be needed for an operation.Capitol Budgeting Capitol budgeting is kick downstairs of an agency budget that pays for the long lasting agency asserts. This asserts include the twist for which the company will work in. Durable goods in like manner come in under this budget which will be the equipment that has to be long lasting. These capital are treated separate from other categories of funds. Without this budget it leaves a company with no work can. There has to be a work place for the staff to come together. Operational BudgetingOperational budgeting involves the development of financial plans for the organization, typically for a year. While annual budgets need not be subdivided into shorter periods, monthly or quarterly budgets are especially useful for anticipating cash needs and for comparability actual experience with plan. A comprehensive master budget requires homework for all phases of the operation. (Operational Budgeting, 2005) This budget will include salaries of the personnel that work for the company.It also cover the water bill, electric, gasoline, supplies, postage and other expendable items that are in this category. Personnel Budgeting Personnel Budgeting is for all personnel that work for the company from theatrical role worker, field worker, and janitorial staff. This budget includes the salaries, cookery, medical, and all taxes withheld. This budget is important due to the company needs a staff to run op erations for certain task. thence personnel also need to be trained on how to perform the job the correct way. Expendable and accountableExpendable is a needed budget to look on what supplies will be needed. Since most law enforcement job have heaps of office work the items that this budget would cover is paper, pens, clips, and folders. This budget is used to look into what is consumed. Then there is accountable this would budget the uniforms, weapons, and equipment such as scanner, and computers. Accountable budget will be looked at as for property with greater value. Personal Thoughts The four of the budgets covered in this paper run slide by and hand with each other.The reason I view them as a part of each other is for the simple fact that is they are all are needs of a company. A company has to have supplies, equipment and or so type of dress code such as a uniform. A budget is needed for every company and there are many different levels that a company must budget on from set their needs first to then what the company might want. At most point and time a budget can be gone over meaning that there might have been more(prenominal) training need or more paper used due to more reports need to be done that why I covered the expendables and accountable.