Budgeting is allocating limited resources to unlimited needs and aims to maximise the use of resources that are usually scarce. In the face of these scarce resources, continuous attention to planning, allocating resources, and budgeting is an undeniable necessity. The importance of the budget in...

There are dire predictions for future enrollments in 4-year colleges due to Coronavirus. According to Lapovsky (2020), undergraduate enrollments may decline 15 to 40 percent. Therefore, undergraduate revenue declines could be as much as 20 percent and more for individual universities. Students...