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TABLE OF CONTENTSSECTION 7BUSINESS AND FINANCIAL MANAGEMENT7.1FISCAL YEAR 1 7.2ANNUAL OPERATING BUDGET 1 7.3MILLAGE RATE 1 7.4GRANTS AND SPECIAL FUNDING 1 7.5PURCHASES OF COMMODITIES 1 7.5FCOMMODITIES
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An annual operating budget is a financial plan that outlines an organization's expected revenues and expenses for the upcoming year.
Non-profit organizations, government agencies, and some businesses are typically required to file an annual operating budget.
To fill out an annual operating budget, one must gather information on expected revenues, expenses, and financial goals for the upcoming year.
The purpose of an annual operating budget is to help organizations plan and manage their finances effectively.
An annual operating budget must include projected revenues, expenses, cash flow, and financial goals.
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