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Financial Management & Budget 4201 East Arkansas Avenue, Room 212 Denver, CO 80222DATE:May 19, 2016TO:Transportation Commissioner:Maria Robot, Chief Financial OfficerSUBJECT:Adoption of the FY 20172020
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Financial management and budget is the process of planning, organizing, directing and controlling the financial activities of an organization.
Organizations, businesses, and government entities are required to file financial management and budget reports.
To fill out a financial management and budget report, one needs to gather financial data, analyze it, and make projections for the future financial activities of the organization.
The purpose of financial management and budget is to ensure that an organization's financial resources are allocated effectively and efficiently to meet its objectives.
Information such as income, expenses, investments, and financial projections must be reported on a financial management and budget report.
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