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The Treasury's primary role is to state the facts. The balance and availability of funds, any historical data on funds/purchasing that could be considered relevant.

Justifying an expense can be done via historical averages/comparisons or in an earned value comparison (will get more bang out of the buck).

The Treasurer should politely "shoot down" any idea/program solution suggested that would clearly be out of budgetary constraints. Nobody wants to waste 20 minutes talking about something that you know would be financially impossible.

Demand thorough and far extending price shopping/comparisons. Any item purchased should be proven at best cost via competitive analysis. Approach purchasing as 'always looking for a great deal' instead of crisis buys.

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13y ago

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