When drafting a request letter for budget reallocation, it's important to clearly explain the current budget status, the reason for the reallocation, and how the funds will be used. Maintaining a respectful and polite tone throughout the letter is essential to convey professionalism.
Sample Request Letter for Budget Reallocation
To,
The Project Manager,
__________ (Name of the Company),
__________ (Address)
Date: __/__/____ (Date)
Subject: Reallocation of budget
Respected Sir/ Madam,
Through this letter, I would like to inform you that we were allotted with a budget of ____________ (amount) for _________ (purpose – plantation/ repairing). In this regard, I would like to state that we were able to complete the mentioned work well within the allocated budget i.e. ___________ (mention amount) and we are left wth balance amount of ___________ (balance amount).
Our department is now looking forward to _________ (buy new equipment/another urgent unplanned service) therefore, it is to request you to kindly allow us to use the balance amount for the same.
I shall be highly obliged for your kind support. I believe you would consider our request and take appropriate action at the earliest.
Thanking you,
________ (Signature),
________ (Name),
________ (Contact Number)
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Sandeep Bhandari