Tag Archives: Budget

WHAT BUDGET HOLDERS NEED TO KNOW

| March 12, 2026

Effective financial management, budgeting and control should underpin the operations of all public sector and nonprofit organisations. The reason being that they are responsible for public funds, and need to ensure value for money. In the current environment public sector budgets are being challenged to deliver more for less. This requires all those tasked with spending public funds to take ownership of their budgets and be accountable for their use. Many budget holders are skilled professionals in specific disciplines but may not have any knowledge or experience in being responsible for a budget. This increases the challenges faced in ensuring public funds are managed and controlled. Often training and development budgets face constraints which result in only “essential” training being funded and delivered. We consider that finance training should be in that category, but often it is not. There are many areas that we consider that anyone responsible for a budget at any level should be fully conversant with and form part of their underpinning knowledge. What Budget Holders Should

Budget on Track

| February 12, 2026

Keep budgets under control and meet financial targets Budget on Track is our service to support budget holders, managers, and financial decision makers in the public and non-profit sector. If controlling budgets is important for your organisation, it requires all budget holders at every level to meet their targets, whether that be savings, or just not overspending. Sometimes they will need help. Budget on track is more flexible than a training course, but more cost effective than a personal consultant. It provides bespoke answers to questions when they are needed. Subscribers to Budget on Track are able to email their personal budget mentor (PBM), who is there to support them. It can be any kind of budget, revenue or capital or income. Our subscribers can ask simple or more difficult questions and receive some assistance. It may be help with financial planning, budget setting, variance analysis, budgetary control, more for less, statistical analysis, management reports, or something else. We are experts in delivering financial training courses, but often participants have