Phil Druker/ Department of English/ UI

 

Budget

The budget you present for the proposal for this class will be pretty simple compare to budgets you might prepare for a larger project. Still, the list below gives some basic ideas about what goes in a budget. For our purposes, you need to at least include “Personnel.”
Personnel:
Name Title Rate  Number of hours Amount
--you Primary Investigator xx.xx/hr 40 $xxx.xx
--others on team       $xxx.xx
Equipment / Supplies
Item  Cost/item Number     
Example  $15.00 8   $xxx.xx
Services
Item  Cost      
Example  $xx.xx     $xx.xx
Transportation
Where  Cost  Miles    
Moscow – Bovill  $.31/mile – private 28   $xxx.xx
  $.36/mile—university       
Other
Item  Cost     $xx.xx
      Subtotal: $xxx.xx
Indirect Cost
On-campus: 44.6% Off-campus: 24.5%     $xxx.xx
TOTAL:         $xxx.xx

NOTES:
1. Justify the expenses with a short paragraph.
2. Point out / emphasize real bargains.
3. Use the ledger format as above.