What It Does
A full-project budget tracker in Excel, organized by the TabuLarossa block and phase system. Each row represents a job code or cost category. Columns track: Actual cost for what you have spent, Current Estimate for your latest projection, Original Estimate for what you budgeted at the start, and the Difference showing variance. Separate columns capture change orders notes with dates, audible notes for scope changes you called mid-project, and improvement notes. A summary section at the top rolls up total costs, total contractor spend, total supplies/materials, and total other construction costs. The template comes pre-formatted with all standard blocks: TabuLarossa 1.1, Grounds 1.2, the gauntlet 2.1, and so on through every phase.
How to Use It
- Download and duplicate the TEMPLATE sheet for each new project.
- Fill in your Original Estimate column during underwriting, using the fliporithm or jobs menu as your source.
- Update the Current Estimate column as bids come in and scope changes.
- Log every change order in the Change Order Notes column with a date.
- Enter Actual costs as invoices are paid.
- Watch the Difference column: positive means you are over budget, negative means under.
When You Need This
- Tracking budget vs. actuals on an active flip project.
- Documenting change orders and audibles so you know exactly where money went.
- Reviewing project profitability after the sale to improve future estimates.
- Sharing budget status with a partner or lender during the project.