Everybody must justify every expenditure so that we eliminate any wastage," Mr Rotich said in an interview on December 26."In fact, we have adopted what's called a zero-base budgeting
, so you start from zero and build up by justifying every single cent that you want to spend in the next financial year (2018-19)."Budget cuts a process technically referred to as fiscal consolidation are expected to free some cash to various sectors that have the biggest impact on growing the economy and creating new jobs.
But Beckett also pointed to Texas' early adoption of zero-base budgeting
, which, unlike traditional budgeting, has departments start at zero and then justify their spending requests.
The City of Garland, Texas, has a long and interesting history with zero-base budgeting
, often referred to as ZBB.
Complete due diligence and then build the budget from the ground up, via the use of "zero-base budgeting
." Because finances vary each year, zero-base budgeting
helps to achieve the optimum value from available funds from year to year.
Still, because costs can be hard to contain, many campus managers are zero-base budgeting
their food operations by focusing on student needs.
We have been presented another method of budgeting against lack of effectivity but also as a means of delegating decisions from higher to lower levels in an organization, namely zero-base budgeting
. We have also been familiar with operational research as a way to make rational decisions.
For example, the concept of zero-base budgeting
is well known to logisticians, but during the period between 1980 and 1996, no citations of this concept were found.
Back in the 1970s, Zero-base budgeting
(ZBB) was very much in the news.
provides a better chance to evaluate the costs and benefits of security activities.
in budgeting management: A manual for librarians.
In "Zero-Base Budgeting
: Modern Experiences and Current Perspectives," Shayne Kavanagh finds ways governments can adapt some of ZBB's original concepts to conform to a contemporary strategic approach to budgeting.
When using zero-base budgeting
(ZBB), a government builds a budget from the ground up, starting from zero.