Get the free 5% Base Budget Reduction Form 17-7-111-3(f) - Leg.mt.gov ... - leg mt

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5% Base Budget Reduction Form 1771113(f) AGENCY CODE & NAME: 51020 OCHEMinimum Requirement State Special Revenue FundGeneral FundPriorityTARGETED REDUCTION TO EQUAL 5% OF CURRENT BASE BUDGET1 2 $34567$91011,781,936General

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How to fill out 5 base budget reduction

01

Identify the current base budget for the organization.

02

Review the organization's financial statements and evaluate areas where reductions can be made.

03

Prioritize the areas that are least critical to the organization's mission or that can be temporarily reduced.

04

Determine the specific amount or percentage by which the base budget needs to be reduced.

05

Develop a plan to implement the budget reduction, including communication and potential adjustments to programs or services.

Who needs 5 base budget reduction?

01

Organizations facing financial challenges or seeking to reallocate resources may need to consider a 5 base budget reduction.

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What is 5 base budget reduction?

5 base budget reduction refers to a reduction in the allocated budget amount by 5%.

Who is required to file 5 base budget reduction?

All departments or organizations that receive budget allocations are required to file 5 base budget reduction.

How to fill out 5 base budget reduction?

To fill out 5 base budget reduction, departments need to review their budget allocations and reduce them by 5% across all categories.

What is the purpose of 5 base budget reduction?

The purpose of 5 base budget reduction is to help organizations reduce spending and operate more efficiently.

What information must be reported on 5 base budget reduction?

On 5 base budget reduction, departments must report the original budget allocations and the reduced amounts after the 5% reduction.

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