Bayer’s CEO overhauled his corporate budget system with 90-day cycles in an effort to reduce bureaucracy. Bill Anderson said the inspiration came from a “radical experiment” at Genentech to kill budgets. Bayer also reorganizes teams every 90 days and has cut 5,500 positions, many of which were managers. The annual budget process can be a…
Budgeting for peasants, planet – Opinion News
By Ashok Gulati and Ritika Juneja The pre-budget consultations are on. In the agri-space, what could be the possible suggestions for the FY26 Union Budget? We consider the premise that whatever policies and budgetary allocations the government makes, it must make agriculture more productive, competitive, and remunerative to peasants, and also benign to our planet’s…
Spiralling demand and shrinking budgets: why England’s Send system is buckling | Special educational needs
It was all meant to be so different. Announcing sweeping reforms of the special needs provision in England’s schools a decade ago, the then children’s minister Edward Timpson promised a simpler approach that would put the needs, rights and choices of families and children first. “For too long, families have found themselves battling against a…
The best Mint alternatives
Almost a year ago, I was prompted to look for another budgeting app. Intuit, parent company of Mint, the budgeting app I had been using for a long time, shut down the service in March 2024. The company encouraged Mint users to migrate to its other financial app, Credit Karma, but I found it to…
What happens if the US government shuts down?
Reuters The US is edging towards another government shutdown after the lower chamber of Congress failed to pass a spending bill to keep federal agencies open. Funding is set to lapse at midnight on Friday unless Republicans and Democrats can agree on a way forward. Here’s a breakdown of how we got here and what…
Interim Administrator talks budgeting and future projects
With the end of 2024 approaching, the Cook County Board of Commissioners held their final regular business meeting of the year. It addition to items like approving labor contracts and finalizing pay schedules, the board also nailed down the 2025 budget and levy increase. 2025 budget The board passed a budget on Dec. 17 that…
Eventually state budgets should fully fund mandated spending – Shaw Local
Eventually, hopefully, change will come. There are plenty of takeaways from Wednesday’s Capitol News Illinois story headlined: “Budget pressures could impact K-12 funding; State Board of Education gets briefing on fiscal landscape ahead.” This is a surprise only to those not paying attention. All state agencies have been on notice since at least Nov. 1,…
Ketchikan City Council passes 2025 city and KPU budgets
Ketchikan City Hall. (Jack Darrell/KRBD) Rising costs were a recurring theme in the City of Ketchikan’s budget discussions for next year. The Ketchikan City Council approved the city’s two overarching budgets at their regular meeting Thursday night. Those are the General Government budget and the budgets for the city-owned Ketchikan Public Utilities. The Council received…
A Better World is Possible: Strengthening Civic Participation and Local Democracy Through Participatory Budgeting
By Art Keene Note: This is the second of two articles exploring participatory budgeting (PB) as a way to build greater civic participation and inject more creativity and diversity into local governance. Our previous article on how to start a participatory budget program can be viewed here. This article offers three case studies of participatory budgeting,…
U.S. Salary Budgets Expected to Remain the Same in 2025
Although fewer organizations report difficulty with attraction and retention, salary increase budgets at U.S. companies are projected to remain at the same level as last year. While salary increase budgets are stabilizing, with 2025 planned increases projected to be at 3.7% on average compared with the 3.8% average budget awarded in 2024, they remain higher…