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Example of a Fund Budget Analysis Dashboard for Public Sector

What is a Fund Budget Analysis Dashboard?

Fund Budget Dashboards are considered annual budget analysis tools and are used by executives and budget managers to review the adopted budget for all funds. Some of the main functionality in this type of dashboard is that it provides executives and department heads with an easy way to view fund budgets from three perspectives: 1) Overall revenue and expense view by fund, 2) Top ten revenues ranked by GL account, and 3) Top 10 expenses ranked by GL account. The user can use the drop down boxes at the top of the screen to filter by fund, department and budget year. You find an example of this type of dashboard below.

Purpose of Fund Budget Dashboards

Public sector organizations use Fund Budget Dashboards to give finance teams and executives an graphical tool to better analyze the annual fund budget figures. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, an organization can improve its managers’ understanding of the financial budgets at the fund level, and it can reduce the chances that lack of budget insight leads to major cost overruns.

Example of a Fund Budget Dashboard

Here is an example of a Fund Budget Dashboard with ranked revenue and expense analysis.

Example of a Fund Budget Analysis Dashboard for Public Sector

Example of a Fund Budget Analysis Dashboard for Public Sector

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: Executives, boards, directors, budget officers, CFOs, analysts, fund managers.

Other Reports Often Used in Conjunction with Fund Budget Dashboards

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Fund Budget Dashboards, along with financial statements, annual budget reports, budget summary dashboards, detailed fund budget reports, budget input models by fund and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of an Operating Budget Dashboard for Public Sector

What is an Operating Budget Dashboard for Public Sector?

Operating Budget Dashboards are considered budget analysis tools and are used by executives and budget managers to review the adopted budget. Some of the main functionality in this type of dashboard is that it gives the users a single view of the budget with a mix of figures, KPIs and graphics, including: 1) Pie chart with comparison of opex account categories, 2) Ranked list of annual budgeted expenses, and 3) Summary metrics by fund. The dashboard can be filtered by year, department and fund. You find an example of this type of dashboard below.

Purpose of Operating Budget Dashboards

Government organizations use Operating Budget Dashboards to give finance teams and executives and clear and easy way to analyze the adopted annual budget. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, an organization can improve its budget accuracy, and it can reduce the chances that key decisionmakers lack good budgetary insight.

Example of a Operating Budget Dashboard

Here is an example of a Operating Budget Dashboard with summaries and analysis of expense categories.

Example of an Operating Budget Dashboard for Public Sector

Example of an Operating Budget Dashboard for Public Sector

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: Executives, boards, directors, budget officers, CFOs, analysts.

Other Reports Often Used in Conjunction with Operating Budget Dashboards

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Operating Budget Dashboards, along with financial statements, annual budget reports, budget summary dashboards, detailed budget reports, budget input models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Higher Education Budgeting Example - Allocations of Expenses to Programs and Funds

What is an Allocation of Program Expenses to Funds Model?

Budget Allocation Input forms are considered key components of an annual budget and are used by budget managers to allocate operating expenses to programs and funds. Some of the main functionality in this type of input form is that it it lists expense account categories across the columns and funds grouped by program down the rows. The users can view the budgeted amounts at the program level and then break this up by fund using the yellow input cells. The “Difference” columns automatically display the remaining balance to be allocated. You find an example of this type of input form below.

Purpose of Budget Allocation Models for Program Expenses

Universities and colleges use Budget Allocation Models for Program Expenses to make it easy for users to spread the program expenses to the individual funds tied to that program. When used as part of good business practices in a Budgeting and Planning department, a higher education institution can improve its expense planning process, and it can reduce the chances that the fund budgets don’t reconcile to the program and account level budgets.

Budget Allocation Models for Program Expenses Example

Here is an example of a Budget Allocation Input Form to allocate program expenses to funds.

Higher Education Budgeting Example - Allocations of Expenses to Programs and Funds

Higher Education Budgeting Example – Allocations of Expenses to Programs and Funds

You can find hundreds of additional examples here

Who Uses This Type of Input form?

The typical users of this type of input form are: Budget Managers and Department Managers.

Other Input forms Often Used in Conjunction with Budget Allocation Models for Program Expenses

Progressive Budgeting and Planning departments sometimes use several different Budget Allocation Models, along with  payroll budgets, capex and operating expense budgets, revenue templates and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Higher Education Budgeting Example - Operating Expense Budget Request by Fund

What is a Operating Expense Budget Request by Fund?

Operating Expense (Opex) budget requests by fund are considered essential building blocks of the annual budget and are used by budget managers and department heads to enter fund-level adjustments to the baseline budget. Some of the main functionality in this type of input form is that it it dynamically lists funds at the GL account level with user input in the yellow cells. The first three columns aid the end users in their data entry by providing read-only information about last year’s actual results, target changes from the budget office and the department baseline budget. The user enters proposed adjustments in either % and/or as amounts, and this is then automatically calculating the Department Request column. On the far right of the template the user can enter text comments. You find an example of this type of input form below.

Purpose of Opex Budget Requests by Fund Templates

Universities and colleges use Opex Budget Requests by Fund Templates to automate and simplify the budget entry of operating expenses with fund details. When used as part of good business practices in a Budgeting and Planning department, a higher education institution can improve its planning process, and it can reduce the chances that the users enter less accurate budgets due to lack of background information.

Opex Budget Requests by Fund Template Example

Here is an example of an Opex Budget Request by Fund input form with history, target adjustments and data entry columns.

Higher Education Budgeting Example - Operating Expense Budget Request by Fund

Higher Education Budgeting Example – Operating Expense Budget Request by Fund

 

You can find hundreds of additional examples here

Who Uses This Type of Input form?

The typical users of this type of input form are Department Managers.

Other Input forms Often Used in Conjunction with Opex Budget Requests by Fund Templates

Progressive Budgeting and Planning departments sometimes use several different Opex Budget Requests by Fund Templates, along with  payroll budgets, capex budgets, revenue templates and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Higher Education Budgeting - Salary Request by Fund Example

What is a Salary Request by Fund?

Salary Request input forms with fund details are considered a component of employee expense planning models and are used by budget managers and HR to create budget requests by fund based on the department baseline budget. Some of the main functionality in this type of input form is that it automatically displays last year’s actual results as well as the target adjustment. The users then enter their proposed % and/or amount increase or decrease. The far right amount column shows the total budget request. The rows list funds grouped by GL account. On the right side of the form, the users can enter comments to explain any significant information related to the request. You find an example of this type of input form below.

Purpose of Salary Budget Request by Fund Models

Universities and colleges use Salary Budget Request by Fund models to automate and simplify the budget entry of personnel related expenses with fund details. When used as part of good business practices in a Budgeting and Planning Department, a higher education institution can improve its planning process, and it can reduce the chances that users enter less accurate budgets due to lack of visibility to budget targets and historical information.

Salary Budget Request by Fund Model Example

Here is an example of a Salary Budget Request by Fund input template.

Higher Education Budgeting - Salary Request by Fund Example

Higher Education Budgeting – Salary Request by Fund Example

You can find hundreds of additional examples here

Who Uses This Type of Input form?

The typical users of this type of input form are: HR and Department Managers.

Other Input forms Often Used in Conjunction with Salary Budget Request by Fund Models

Progressive Budgeting and Planning departments sometimes use several different Salary Budget Request by Fund models, along with  payroll budgets, capex budgets, operating expense- and revenue templates and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Higher Education Budgeting - Target Adjustments by Fund Example

What is a  Target Adjustments by Fund Template?

Budget Target Adjustment input templates are considered important components of an annual planning process and are used by the budget manager and the president’s office to guide end users as they enter budgets. Some of the main functionality in this type of input form is that it it automatically displays last year’s actual results to assist and guide the user as they enter the target adjustment in the yellow cells. The far right column calculates next year’s target budget by multiplying the adjustment % with last year’s actual result. The rows in the form dynamically list each fund by GL expense account and the total figures are displayed at the bottom. You find an example of this type of input form below.

Purpose of Target Adjustment Templates

Universities and colleges use Target Adjustment Templates to quickly and easily create an initial proposed budget based on desired or likely targets. When used as part of good business practices in a Budgeting and Planning department, a higher education institution can improve its planning process, and it can reduce the chances that the departmental end users doing the bottom-up budget process miss the university’s fund expense targets by a wide margin.

Target Adjustment Template Example

Here is an example of a Target Adjustment form to budget for fund expenses.

Higher Education Budgeting - Target Adjustments by Fund Example

Higher Education Budgeting – Target Adjustments by Fund Example

You can find hundreds of additional examples here

Who Uses This Type of Input form?

The typical users of this type of input form are: Budget Officers and Department Managers.

Other Input forms Often Used in Conjunction with Target Adjustment Templates

Progressive Budgeting and Planning departments sometimes use several different Target Adjustment Templates, along with  payroll, capex, operating expense- and revenue templates and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Expense Budget Model for State and Local Government Example

What is an Expense Budget Model for State and Local Government?

Expense Budget input forms are considered a key part of annual budget models and are used by budget managers and department heads to enter planned expenses for the next fiscal year. Key functionality in this type of budget template displays multiple years of history as well as prior year’s adopted expense budget. Department managers can adjust the provided baseline budget up or down by a percent or amount. They can also document any important information using the comment fields on each row, and they can enter detail below the GL account level as seen on the input screen. You will find an example of this type of budget template below.

Purpose of Expense Budget Models

State and local governments use Expense Budget Models to easily capture planned expenses, including at the line item detail level with justifications. When used as part of good business practices in a Budgeting and Planning department, a government can improve its annual budget process, as well as, reduce the chances that users neglect to document important funding requests or that the organization doesn’t have time to provide multiple budget iterations or scenarios.

Expense Budget Model Example

Here is an example of an Expense Budget input form.

Expense Budget Model for State and Local Government Example

Expense Budget Model for State and Local Government Example

You can find hundreds of additional examples here.

Who Uses This Type of Budget Template?

The typical users of this type of budget template are: Budget Managers, department heads.

Other Budget Templates Often Used in Conjunction with Expense Budget Models

Progressive Budgeting and Planning Departments sometimes use several different Expense Budget Models, along with payroll input forms, capital budget forms, revenue models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Revenue Budget Model for State and Local Government Example

What is a Revenue Budget Model for State and Local Government?

Revenue input forms are considered a key part of annual budget models and are used by budget managers and department heads to capture expected incoming revenue streams for the next fiscal year. Key functionality in this type of budget template displays multiple years of history, as well as, prior year’s adopted revenue budget. Department managers can adjust the provided baseline budget up or down by a percent or an amount. They can also document any important information using the comment fields on each row. You will find an example of this type of budget template below.

Purpose of Revenue Budget Models

State and local governments use Revenue Budget Models to enable users to provide the best possible revenue estimates based on information displayed in the form and minimize questions by providing text comments. When used as part of good business practices in a Budgeting and Planning department, a government can improve its budget accuracy, as well as, reduce the chances that major surprises occur due to missed budget targets.

Revenue Budget Model Example

Here is an example of a Revenue Budget input form.

Revenue Budget Model for State and Local Government Example

Revenue Budget Model for State and Local Government Example

You can find hundreds of additional examples here.

Who Uses This Type of Budget Template?

The typical users of this type of budget template are: Budget Managers and department heads.

Other Budget Templates Often Used in Conjunction with Revenue Budget Models

Progressive Budgeting and Planning Departments sometimes use several different Revenue Budget Models, along with payroll input forms, operating expense budget models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples