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Mooresville Public Education Advisory Committee November 1, 2022, 6:30 p.m.NOTE: Minutes are summaries only, reflecting committee action and main points of discussion. For the meeting agenda, presentations,
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The annual operating budget is a financial plan that outlines projected expenses and revenues for a specific period of time, typically a fiscal year.
Nonprofits, government agencies, and businesses are typically required to file an annual operating budget as part of their financial reporting.
The annual operating budget is typically filled out by gathering information on projected expenses and revenues, and then organizing them into categories such as personnel costs, operating expenses, and capital expenditures.
The purpose of an annual operating budget is to help organizations plan and allocate resources effectively, track performance against financial goals, and make informed financial decisions.
The annual operating budget typically includes information on projected revenues, expenses, cash flow, capital investments, and funding sources.
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