Tag Archives: Cost containment

More on cost containment

October 9, 2013

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I appreciated that CJOY asked me for an interview on the matter of my previous post – Back on track to a balanced budget at year end. It is important information for the community. I was asked to explain more what cost containment means and why we could not achieve this when we set the budget […]

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Back on track to a balanced budget at year end

October 9, 2013

Comments Off on Back on track to a balanced budget at year end

At the end of June our Chief Financial Officer (CFO) identified the potential for a negative variance at the end of the year – meaning the organization might spend more than approved by Council unless some corrective action was taken. I provided the context for this in a previous post – Balanced Budget By Year […]

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