Quote:
Originally Posted by Fatso
Trouble is, this is a minsdet that is everywhere, throughout all sorts of organisations across the country (and probably globally), on the basis that if an organisation, or a department, is seen not to have spent all their budget for a financial year this means they don't need as much for the next year and will get a budget decrease. Hence, the mad rush every Feb/March to ensure every penny of budget is spent, even if on pointless stuff. Then they can say they spent all their budget, and must need some more. Also, if there's surplus at the end of the year, this is often taken back. There's no incentive to come in under budget.
Anyone that does blame it on 13 years of Labour Rule doesn't understand budgets, as it's a practice that's been going on for years. Long before 1997...
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Absolutely spot on, which is why all spending should be publicly accounted for, department by department.
In an age of austerity we need to have better transparency with public money so that savings can be identified by everyone, not simply those who ask the right questions.