Free Administration Budget Template

Administration Budget

The Administration Budget covers various categories of administrative expenses, including salaries, office supplies, utilities, and professional services. This section provides a detailed breakdown of each category, ensuring transparency and accountability in financial management.

Budget Categories

Salaries and Wages

Salaries and wages represent a significant portion of the administrative budget. This category includes compensation for administrative staff, management, and support personnel.

Position

Annual Salary

Number of Employees

Total Cost

Administrative Manager

$80,000

1

$80,000

Office Secretary

$50,000

2

$100,000

HR Coordinator

$60,000

1

$60,000

IT Support Specialist

$55,000

1

$55,000

Total Salaries and Wages

$295,000

Office Supplies

Office supplies include items necessary for day-to-day operations, such as stationery, printers, and other consumables. Efficient management of this category helps in maintaining operational efficiency.

Item

Unit Cost

Quantity

Total Cost

Printer Paper (Reams)

$5

500

$2,500

Pens and Pencils

$2

1,000

$2,000

Notebooks

$3

300

$900

Office Furniture

$500

10

$5,000

Total Office Supplies

$10,400

Utilities

Utilities include costs for electricity, water, and internet services necessary for the functioning of the office. These expenses are crucial for maintaining a conducive working environment.

Utility

Monthly Cost

Annual Cost

Electricity

$500

$6,000

Water

$100

$1,200

Internet

$200

$2,400

Total Utilities

$9,600

Professional Services

Professional services encompass fees for external consultants, legal advisors, and accounting services. These services are vital for compliance and strategic planning.

Service

Annual Fee

Legal Consultation

$10,000

Accounting Services

$15,000

Management Consulting

$8,000

Total Professional Services

$33,000

Total Administration Budget

Summarizing all the categories, the total administration budget for [Your Company Name] is as follows:

Category

Total Cost

Salaries and Wages

$295,000

Office Supplies

$10,400

Utilities

$9,600

Professional Services

$33,000

Total Administration Budget

$348,000

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