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Fiscal Year 2017 Budget Development Form VT Department of Labor Approx #1 Labor 04100: FY 2016 Approx FY 2016 Base reductions: Reduction in internal service fund charges Savings from Retirements (12
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How to fill out fiscal year 2017 budget
How to fill out fiscal year 2017 budget
01
Gather all relevant financial information and documents for the fiscal year 2017 budget.
02
Start by identifying and listing all sources of income for the fiscal year 2017.
03
Next, list and categorize all projected expenses for the fiscal year 2017.
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Allocate appropriate budget amounts for each expense category based on priority and necessity.
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Consider any external factors or events that may impact the fiscal year 2017 budget and make necessary adjustments.
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Ensure that the total projected income exceeds the total projected expenses to maintain a balanced budget.
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Seek input and feedback from relevant stakeholders or departments to ensure accuracy and alignment of the budget.
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Review and revise the fiscal year 2017 budget as needed before finalizing it.
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Communicate the finalized fiscal year 2017 budget to all necessary individuals or departments.
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Monitor and track the actual income and expenses throughout the fiscal year 2017 to ensure compliance with the budget.
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