Final milestone

Date

to:	STAFFS
from:
subject:	REFORECASTED BUDGET DECISION
CC:

Due to some aspects in the organization, the organization decided on reducing the budget costs and as this would in a way affect the staffing in different ways. On that note there has been a 10% decrease on the budget which would definitely affect some aspects thus necessitating us to reduce also on our costs. It would be with great sorrow to note that one of the staffs would be removed from our staffing program to help in achieving this target. On the other hand, the staffing benefits would also be reduced as some of the expenses would be reduced. On that note the staff salaries would be reduced from $92000 to $71000 for the remaining months. Also the staff benefits are being cut from $16320 to $9000 which would bring the cost to $151920 from the earlier budget of $195840. There are also other costs related to staff training which has been cut to $525 and the staff professional development budget also has been cut to $1125 for the new re-forecasted budget.