Budget/Process
From PCSAR
< Budget(Difference between revisions)
(→Yearly) |
|||
| (4 intermediate revisions not shown.) | |||
| Line 3: | Line 3: | ||
# 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 | # 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 | ||
| + | |||
== Monthly == | == Monthly == | ||
| - | * Whenever the Board amends the budget | + | * Whenever the Board amends the budget |
| - | ** | + | ** {{subpage|Update Budget}} |
| - | + | ||
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
