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This may not apply to private institutions, but public schools are subject to boom-and-bust cycle of generous government funding in economic booms and budget cu
by gamble 17y ago
This may not apply to private institutions, but public schools are subject to boom-and-bust cycle of generous government funding in economic booms and budget cuts during recessions. It's easy to justify almost any project when you know that leaving money on the table means it may not be there when you do need it.
- jwhitlark 17y agoThis isn't a problem unique to educational institutions, it affects most entities that practice standard budgeting. That's one reason why I favor zero-based budgets, although they have their own problems. (frequently take longer, more work, etc.)