Budgets, Cost Recovery, and Pricing in Action

Every year, sports and recreation enterprises are asked to make their budgets evermore leaner and leaner. Revenues, expenditures, and cost recovery are three elements of the budget process that must be examined to ensure efficiency. Budgets, Cost Recovery, and Pricing in Action details how to develop a budget, based on a program/cost center approach that facilitates understanding how the inputs translate to the outputs.

Among the topics covered:

• Then and now
• Where does revenue come from?
• Increasing funding and decreasing costs
• Program/cost center budgeting
• Budget development
• Pricing