The chart above tells us about the spending on diffrent iteams present in Springfield College in the past three years.We can notice great variations in the chart that in past three years springfield college has made alot of chnages when it comes to spending on colleges equipment, insurance,books,technology,teachers & other worker salries.
The chart shows us that college spending on furniture and equipment has been drastically reduced from a straggering 14% in 1990 to only 3% in 2010, with only 1% increase has been seen from 2000 to 2010. Whereas insurance cost has been incraesed from 2% to 8% in recent years.
When it comes to books a slight rise and then a sharp decline kind of trend has been seen, where we can see that 15% of budget was spent in 1990, 20% in 2000 and 9% in 2010 on books.Whereas the amount of money college has spend on Teachers salary seems almost like a straight line trend with minor variations where 40% was spend in 1990,50% in 2000 and 45% in 2010.
The major area in which college has spend alot of money in recent years is none other then technology, where we have seen a drastic increase in spenning from 1% in 1990 to 3% in 2000 all the way upto 20% in 2010. Whereas a decline in trend has been seen when it comes to spending on salaries of workers from 28% in 1990 to 15% in 2010.
