ABSTRACT
The use of seasonally responsive budget profiles is appropriate where there is a distinct but gradual variation that occurs according to the time of year. And while budgets for heat, power and light are obvious candidates, other budgets such as sickness relief may also be profiled in this way. In specific circumstances, it is essential that budget managers become familiar with the intricacies of emerging spending patterns so that they can immediately recognise an irregularity. Expenditure profiles in connection with improvements and developments reflect the popularity of the type of budget management. Once the whole spectrum of irregular budget behaviour has been distilled out of the total budget, in theory, the remainder, which represents pure running expenses, should perform each week and each month on an almost equal basis. The heating oil budget for the Near Home Facility showed an unexpected downturn in June, but in July the situation was reversed.
