Office Budgeting
By Jim Costa — Sample budget line items for a county assembly office.
Budget CategoryNotes
Rent / LeaseStarting with a rented home; upgrade to commercial space upon funding
UtilitiesElectric, water, internet (satellite preferred), phone
InsuranceLiability, contents, general business coverage
EquipmentComputers, printers, copier, audio-visual aids, conference furniture
Software / SubscriptionsMass email, Zoom-type meetings, office suite (LibreOffice is free)
SignageExterior sign identifying the Assembly
Office SuppliesBinders, paper, printer ink, filing systems
Staff SalariesOne then two staff members; consider deferred salary at triple rate upon funding
SecurityBasic security for the office and its contents
Miscellaneous / OperatingMiscellaneous operating expenses and contingency
Approach
Prepare your shopping lists and budget now. When you receive official funding you can be in business in a few days. If funding is unavailable, locate properties to be leased and hold them in mind — or seek a bridge loan from a local deep pocket.
See: Securing Funding for bridge loan strategy.
