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Town of Buena Vista Letter of affidavit P.O. Box 2002 Buena Vista, CO 81211 7193958643 www.buenavistaco.gov Project Address Date Revised: 05/01/15-Page 1
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What is t o b v?
TOBV stands for Total Operating Budget Variance. It is a financial metric used to compare the actual operating budget to the projected operating budget.
Who is required to file t o b v?
Organizations and businesses that have an operating budget are typically required to file TOBV.
How to fill out t o b v?
To fill out TOBV, you need to compare the actual expenses and revenues with the budgeted expenses and revenues, and calculate the variance.
What is the purpose of t o b v?
The purpose of TOBV is to analyze the financial performance of an organization or business by comparing the actual operating budget to the projected operating budget.
What information must be reported on t o b v?
The information that must be reported on TOBV includes actual expenses, budgeted expenses, actual revenues, and budgeted revenues.
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