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REQUEST FOR PROPOSALS citywide ELEVATOR MAINTENANCE & SERVICE RFP #1907 AUGUST 2018 City of Culver City PUBLIC WORKS DEPARTMENT 9770 Culver Boulevard Culver City, CA 902320507 PROPOSAL DUE: September
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Start by identifying the revenue sources for the budget. This can include taxes, grants, fees, and other sources of income.
03
Determine the expenses that need to be covered in the budget. This can include salaries, operating costs, capital investments, and debt payments.
04
Allocate the revenue to the different expense categories based on priority and financial planning.
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Review and adjust the budget as necessary to ensure it is realistic and balanced.
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Prepare a budget document that outlines the revenue and expense projections, along with any supporting information or justifications.
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Monitor the actual revenue and expenses throughout the budget period, making adjustments as necessary.
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At the end of the budget period, evaluate the performance of the adopted budget to inform future budgeting decisions.

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Non-profit organizations and businesses also need the adopted budget and capital to manage their finances, set financial targets, and ensure the availability of funds for their operations and investments.
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