BUDGETING IN NURSING COLLEGE

A budget is a forward financial plan. It provides a prediction of expected flows

of money in and out of the firm in the immediate future. Normally, a budget will be
prepared in advance of a period of time, usually a year but could be on a monthly or quarterly
basis.
INCOME

Sr.no. Previous amount(in Rs.) Income source Amount (in Rs.)

RECEIPTS
1. 21024750 Tuition fee 22657083
Hostel fee
i. B.Sc. nursing 228879092
1317909 ii. M.Sc. nursing 345000
200500 iii. Post basic (B.Sc. 15000
nursing)
88500 Free ship to students 972000
236250 Development fee 65909
Admission fee 311250
747590 Training and development 250667
fee
93750 Training and placement fee 28500
2765975 Transportation 3253669
554488 Library fee 329136
Ph.D. FEE
2. 9000 Ph.D. registration fee 6000
MISCELLANEOUS
3. 76000 Transcript fee 125000
602485 Miscellaneous receipts 632473
Schedule “C”
56870 Interest from bank 432541
TOTAL = 31624000.47 (approx. )

EXPENDITURE

Sr.no. Previous amount(in Rs.) Income source Amount (in Rs.)

ESTABLISHMENT
1. 14319473 Salary and allowances 15376758
(schedule B)
790085 Affiliation fee 1032500
71885 Staff welfare 47800
2012267 Teaching expenses 315848
3040900 Remuneration to technical 3811800
staff
98500 Free ship to students 261000
ADMINISTRATION
2. 38230 conveyance 42567
41127 Photocopy expenses 33313
 340967 Stationary and printing 313732
32136 Postage expenses 18318
54813 Journals and periodicals 353612
36800 Telephone expenses 35787
PREVIOUS INCOME
3. 17513 Advertisement expenses 4563
Inspection charges 87334
11383 Bank charges 13041
29330 General expenses 15876
1920 Banners & badges 660
3634276 electricity 3961730
14671 Photography 1492291
1923002 Depreciation 1695960
13325 Computer repair and 11600
maintenance
42900 Membership and 63200
subscription
1765531 Water sanitation 239205
2135357 Building repairs & 1599265
maintenance
45806 Camp and seminar expenses 59898
130550 Furniture repair 143550
50000 Growth and development 30225
conference
52955 Games and sports 5035
Lamp lightening 21950
Legal expansion 3000
204187.82 Surplus carried to balance 16599321
sheet
TOTAL = 27774068.82(approx.)