Columbia Southern University Unit II Finance of EMS Revenue Project In Unit II, you were given several options of organizations to choose from, and you wer
Columbia Southern University Unit II Finance of EMS Revenue Project In Unit II, you were given several options of organizations to choose from, and you were asked to draft a response regarding
the organization’s goals. This is the basis for your rationale. Here is where you explain the organization and its financial
needs to the individuals tasked with approving your requested budget.
You should start on the spreadsheet template (linked below) and include the rationale, which you submitted for Unit II. Make
sure you reference and cite (in APA format) any demographic information you list, as well as any other information you have
used from your research. Even though it is a fictional organizational budget, you cannot make up the numbers.
This exercise is also an opportunity to determine the methods of obtaining revenue for the EMS organization serving as the
focus of your comprehensive budget project. Begin thinking critically about how your EMS organization will generate revenue
by listing the revenue line items on a budget sheet where you can calculate the total revenue for the budget. There are
several different methods of generating revenue, and the methods used can vary greatly for both non-profit organizations
and for-profit organizations.
Click here to download a template for the entire project, and insert details into the revenue section of your budget by
including each of the following:
Rationale for the budget in the Rationale section of the spreadsheet,
at least eight methods of generating revenue (insert the descriptions and reference citations),
the amount of each line item in the appropriate column,
the quantities for each line item, and
any references cited on the last page of the template. Budget Sheet | [insert the type of EMS service here]
Rationale
BUDGET SHEET | PAGE 1
Budget Sheet | [insert the type of EMS service here]
Revenue (Income)
DESCRIPTION (to include citations)
Revenue (Income) Total:
BUDGET SHEET | PAGE 2
Amount
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
Budget Sheet | [insert the type of EMS service here]
Personnel
DESCRIPTION (to include citations)
Price/Rate
Quantity
Costs
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
Total Personnel Costs:
BUDGET SHEET | PAGE 3
Budget Sheet | [insert the type of EMS service here]
Administration
DESCRIPTION (to include citations)
Price/Rate
Quantity
Costs
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
Total Administration Costs:
BUDGET SHEET | PAGE 4
Budget Sheet | [insert the type of EMS service here]
Maintenance
DESCRIPTION (to include citations)
Price/Rate
Quantity
Costs
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
Total Maintenance Costs:
BUDGET SHEET | PAGE 5
Budget Sheet | [insert the type of EMS service here]
Capital Equipment
DESCRIPTION (to include citations)
Price/Rate
Quantity
Costs
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
Total Capital Equipment Costs:
BUDGET SHEET | PAGE 6
Budget Sheet | [insert the type of EMS service here]
Training
DESCRIPTION (to include citations)
Price/Rate
Quantity
Costs
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
Total Training Costs:
BUDGET SHEET | PAGE 7
Budget Sheet | [insert the type of EMS service here]
Supplies
DESCRIPTION (to include citations)
Price/Rate
Quantity
Costs
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
Total Supplies Costs:
BUDGET SHEET | PAGE 8
Budget Sheet | [insert the type of EMS service here]
Facilities
DESCRIPTION (to include citations)
Price/Rate
Quantity
Costs
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
Total Facilities Costs:
BUDGET SHEET | PAGE 9
Budget Sheet | [insert the type of EMS service here]
Overview of Operational Costs
DESCRIPTION (to include citations)
Personnel Costs
Administration Costs
Maintenance Costs
Capital Equipment Costs
Training Costs
Supplies Costs
Facilities Costs
TOTAL OPERATIONAL COSTS:
Costs
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
$0,00
BUDGET SHEET | PAGE 10
Budget Sheet | [insert the type of EMS service here]
Budget Analysis
DESCRIPTION
Amount
Total Operational Costs:
$0,00
Revenue (Income) Total:
$0,00
RESULTING BALANCE (TOTAL OPERATIONAL COSTS
MINUS TOTAL REVENUE):
$0,00
BUDGET SHEET | PAGE 11
Budget Sheet | [insert the type of EMS service here]
References
BUDGET SHEET | PAGE 12
Unit II Project
Natasia Howell
Columbia Southern University
October 16, 2017
Part I
Type of
Organization
Example
Organization
Web link, contact information, or address
Fire Department
(First Responders)
Cincinnati Fire
Department
http://www.cincyfireapparatus.com/cincinnati.html
Fire Department
(EMS Transportation)
City of Two
Rivers Fire
Department
http://www.two-rivers.org/fire/emer-ser.php
Hospital (EMS—
Non-Profit)
Community EMS
http://www.communityems.org/
Hospital (EMS—ForProfit)
Englewood
Hospital and
Medical Centre
https://www.englewoodhealth.org/englewoodhospital-and-medical-center-one-of-four-hospitalsin-new-jersey-to-receive-prestigious-accreditationfor-emergency-medical-services
911 Communications
and Dispatch Center
TCOMM 911
Ambulance Service
(Non-Profit)
Sierra Ambulance
Service
www.sierraambulance.org/
Ambulance Service
(For-Profit)
Richmond County
Ambulance
Services
http://www.rcambulancenyc.com/
Public Utility Model
Organization
Emergency
Medical Services
Authority
Air Transportation
(helicopter transport)
REACH Air
Medical Services
Part II
The budgetary goal for the Rural ALS/BLS Ambulance Service is to generate about $2.4
million. This would be achieved by the establishment of better partnerships with the other EMS
organizations. Therefore, other than the normal EMS organization expenses, a significant
budgetary need is to organize for activities such as capacity building for the Rural ALS/BLS
Ambulance Services with the other EMS organizations. Such activities will incur expenses
which should be budgeted for, to allow efficiency. The budget should also include other plans or
activities that are geared towards fostering better partnerships with other EMS organizations.
The Rural ALS/BLS Ambulance Service expects to increase its spending towards
fostering better partnerships. The investment will be worthwhile considering that collaborating
with other EMS organizations will increase the business prospects for the Rural ALS/BLS
Ambulance Services. As such, financial management is critical in the development of this budget
so that to ensure the available scarce resources are allocated appropriately, and adequately to the
purpose of establishing better partnerships. Poor financial management skills would lead to
misappropriation of funds, as well as allocation of inadequate funds towards the goal, which
would be retrogressive in nature (Tennent, 2014).
Reference
Tennent, J. (2014). Guide to financial management. New York: Public Affairs.
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