Budget Planning Template ======================= Creating a realistic budget is essential for managing resources effectively throughout the robotics season. A well-planned budget ensures that all critical expenses are covered, prevents last-minute shortfalls, and allows the team to allocate funds strategically across projects, competitions, and outreach. Budget Categories ----------------- - FIRST registration and event fees Include fees for team registration, competitions, and any sanctioned events. These are often fixed costs that should be secured early in the season. - Parts and materials Budget for structural components, electronics, fasteners, and consumables required for prototyping and final builds. - Travel and competition costs Plan for transportation, lodging, meals, and other logistics for attending events and competitions. - Tools and equipment Account for specialized tools, safety gear, and equipment maintenance or replacements. - Outreach and community events Allocate funds for demonstrations, workshops, and STEM outreach activities. - Administrative and legal Include costs for insurance, permits, software licenses, and other overhead. Sample Breakdown ---------------- Teams can use sample budget breakdowns as a starting point for planning. Templates provide guidance on how to allocate funds across categories, track expenditures, and plan for contingencies. See the Resources section for the full Sample Budget Template.