Budget/Process
From PCSAR
< Budget(Difference between revisions)
(→Yearly) |
(→Yearly) |
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# Determine projected/actual expenditures for each budget category for the previous year | # Determine projected/actual expenditures for each budget category for the previous year | ||
#* Review the latest [[Financial Statements]] | #* Review the latest [[Financial Statements]] | ||
| + | #* Note any outstanding expenses | ||
#* For each [[Budget Category]], estimate and record the end of year projection | #* For each [[Budget Category]], estimate and record the end of year projection | ||
Current revision
[edit] Yearly
To develop the budget for the next year, we should:
- Make sure that the current year's budget is up to date, by reviewing all board minutes since the budget was initially adopted. See #Monthly below
- Determine projected/actual expenditures for each budget category for the previous year
- Review the latest Financial Statements
- Note any outstanding expenses
- For each Budget Category, estimate and record the end of year projection
[edit] Monthly
- Whenever the Board amends the budget
