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20202021 Operating Budget 101 Workbook for School Districts Michelle Lujan Grisham Governor Howie C. Morales Lieutenant Governor Ryan Stewart, Ed. L.D. Secretary of Education ADN Delgado Deputy Secretary
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Start by gathering all necessary financial information for your business.
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Determine your fixed costs such as rent, insurance, salaries, etc.
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Estimate your variable costs such as utilities, advertising, production costs, etc.
04
Calculate your total revenue for the period you are budgeting for.
05
Deduct your total costs from your total revenue to determine your projected profit or loss.
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Review and adjust your budget as needed to ensure it is realistic and achievable.

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Operating budget 101 workbook is a tool used to plan and track an organization's expenses and revenues for a specific period.
All departments within an organization are typically required to file an operating budget 101 workbook.
To fill out an operating budget 101 workbook, you need to input your department's projected expenses and revenues for the upcoming period.
The purpose of operating budget 101 workbook is to help organizations plan and manage their finances effectively.
On an operating budget 101 workbook, you must report detailed information on your department's expenses, revenues, and projected financial performance.
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