The annual budget determined for Oakland Family Wellness Center (OFWC) is $5 million. In order to address expenses associated with opening a new healthcare facility and providing mental health services, as well as offering training for families, it is necessary to plan an annual budget with reference to the forecasted expenses and unpredicted costs. These costs include staff salaries and benefits, the rent and inventories, and childcare services among other expenses. Table 1 provides the summary budget for OFWC for one year.
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Table 1. Budget for Oakland Family Wellness Center..
|Salaries and Benefits|
|Technicians and assistants (part-time)||2||$40,000|
|Rent and Maintenance|
|Repairs and Maintenance||–||$12,000|
|Equipment and Supplies|
|Technologies and Internet||–||$2,500|
|Therapy Costs for Undocumented Persons||–||$100,000|
|Food, clothing, other supplies||–||$80,000|
|Additional Operating Expenses||–||$450,000|
Salaries and benefits for the staff represent the largest portion of the planned budget. Psychiatrists’ annual salaries will be $210,000 for each person ($420,000 in total). Fifteen social workers will receive $45,000 per year ($675,000 in total for this staff group). The number of childcare assistants is planned to be 10-15 persons, depending on the number of families and children served at OFWC, as well as on the work schedule which includes two shifts (Finkler, Smith, Calabrese, & Purtell, 2016). Therefore, the paid salaries will vary between $200,000 and $300,000. The budget for childcare services is planned to include food and clothing ($130,000 in total). Furthermore, the focus is on serving 100-150 adults and children on a regular basis. The number of technicians and assistants can vary depending on the number of volunteers, and these specialists should be hired as part-time workers (Baker & Baker, 2014).
To rent a medical facility with several rooms for patients, halls, and offices that is located in West Oakland, California, it is necessary to refer to the budget in $150,000-$175,000, including repairs and maintenance. One more category of costs includes equipment, different types of supplies and utilities, and technologies in order to guarantee the provision of high-quality services (Zelman, McCue, Glick, & Thomas, 2013). It is also important to note that Medi-Cal covers all costs associated with the proposed therapies, training programs, and holistic health care plans followed in OFWC. As a result, these costs are not included in the developed budget. Still, OFWC specializes in providing services to vulnerable categories of the population in West Oakland. Therefore, those patients who are undocumented to participate in Medi-Cal or whose situation is related to the sliding scale will be provided with necessary services sponsored by OFWC. The determined budget for this population group and provided treatments is $100,000.
The non-allocated budget at this stage of the project development is $2,348,500. This money will be used to propose alternate programs and services in order to address the project goals and the OFWC’s mission as well as to expand the number of staff to serve more patients from the neighborhood. It is possible to state that the proposed budget in $5,000,000 covers the identified expenses, and it is important to focus on providing more services in the context of the organization’s strategy.
Baker, J. J., & Baker, R. W. (2014). Health care finance: Basic tools for nonfinancial managers (4th ed.). Burlington, MA: Jones & Bartlett Publishers.
Finkler, S. A., Smith, D. L., Calabrese, T. D., & Purtell, R. M. (2016). Financial management for public, health, and not-for-profit organizations (5th ed.). Washington, DC: CQ Press.
Zelman, W. N., McCue, M. J., Glick, N. D., & Thomas, M. S. (2013). Financial management of health care organizations: An introduction to fundamental tools, concepts and applications (4th ed.). New York, NY: John Wiley & Sons.