Is it possible the budget can be cut by delaying planned expenditures rather than by paring existing expenditures? I can delay a few IT hires. That will help a little but not a lot. • Have you exhausted other potential sources of income that might relieve the need for cutting? Not much promise here—we certainly can’t raise taxes in this climate. We can try to attract corporate sponsors, but those efforts wouldn’t pay off until next year. • Resist the urge to cut everything by a fixed amount. Think about ways to be more strategic with cuts. It might be wise to be strategic about the
...more
