Free Chief Financial Officer, Essay Sample
2459,
Florida, 001767890,
+125987639856
Florida International University,
Budget Stabilizing Plans,
Florida, 2846890.
The finance department has reviewed every department’s expenditure and come up with a number of ways to save money by increasing the University’s revenue and cut down the University cost. To begin with, The Florida University intends to create revenue from the popular sports in the institution. Athletics, wrestling matches, and Basket Ball do very well; hence we will increase the gate entrance fee from $6 to $9 on every game day. The games will be advertised widely to ensure many people are coming to watch, and the public feel invited. The program will be implemented immediately. Secondly, the University will be charging consultation fee for cyber expertise. The charges will be applied straight away too.
Moreover, we intend to organize a gala event for Florida University in July, 2015. A nonprofit organization that was founded by Florida District is responsible for budgeting woes. Many local businesses have already started supporting the Florida University gala. Community members have agreed to pay $200 per ticket or $1,200 for a table of ten people. Next, Florida University will create money from existing assets. Advertising spots will be sold in the school calendar and school newsletter, which we expect to generate $200, 000. Lastly, the Florida University will charge cable providers $800, instead of $200, to cover live broadcasts of Florida University Basketball matches and Athletic Championships. With these changes, we hope to increase the university’s revenue.
JOHN HAZARD,
CHIEF FINANCIAL OFFICER, FLORIDA UNIVERSITY,
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