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1074×Flagship Charter Academy A Resolution of the Board of Directors 20222023 Amended Budget RESOLVED, that this resolution shall be the general appropriations act of the Academy for the Fiscal Year
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01
Gather all necessary financial data and estimates for the upcoming operating period.
02
Break down the expenses into categories such as payroll, utilities, supplies, and any other relevant costs.
03
Estimate the expected revenue for the operating period based on sales, fundraising, grants, or any other sources.
04
Compare the estimated revenue with the projected expenses to ensure that the budget is balanced.
05
Revise and adjust the budget as needed to align with the financial goals and objectives of the organization.
06
Present the proposed operating budget to relevant stakeholders for review and approval.

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The proposed operating budget is a plan that outlines the financial goals and expenditures for a specific period of time, typically one year.
The board of directors or management team of an organization is usually responsible for filing the proposed operating budget.
The proposed operating budget is typically filled out by detailing the projected income and expenses for the upcoming fiscal year.
The purpose of the proposed operating budget is to provide a roadmap for how an organization plans to allocate its financial resources.
The proposed operating budget must include projected revenues, expenses, and any anticipated changes in financial performance.
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