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STAFF REPORT To: Board of SupervisorsMeeting Date: September 21, 2017Staff Contact: Lee Level, Community Development DirectorAgenda Title: For Possible Action: To introduce, on first reading, Bill
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Begin by gathering all the necessary financial information such as income statements, balance sheets, and cash flow statements from the previous fiscal year.
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The annual operating budget is the financial plan for a specific period of time outlining anticipated revenues and expenses.
Certain organizations such as non-profits, government agencies, and businesses may be required to file an annual operating budget.
To fill out an annual operating budget, gather financial data, project future revenues and expenses, and use a budget template or software.
The purpose of an annual operating budget is to help organizations plan and manage their finances effectively, set financial goals, and monitor performance.
The information reported on an annual operating budget may include projected revenues, expenses, operating costs, and funding sources.
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