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Budget Preparation Manual FY 20232024 Strategic Plan Goals & Objectives Operational Plans Resource Allocation Dr. Anthony Icon President Karen VanDerhoof Executive Vice President for Business & Finance Glenn
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How to fill out fiscal year 2023-2024 budget

01
Start by reviewing the previous year's budget to identify any areas that need adjustment.
02
Estimate your revenue for the upcoming fiscal year based on historical data and projected growth.
03
List all expenses that you anticipate for the year, including salaries, supplies, and overhead costs.
04
Allocate funds to each expense category based on priority and necessity.
05
Factor in any planned investments or capital expenditures that will impact your budget.
06
Review and adjust your budget as needed to ensure it is balanced and realistic.
07
Present the budget to relevant stakeholders for approval.

Who needs fiscal year 2023-2024 budget?

01
Government entities
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Non-profit organizations
03
Businesses
04
Schools and educational institutions
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Fiscal year budget instructions provide guidance on how to prepare and submit a budget for a specific fiscal year.
Individuals or organizations responsible for managing a budget are required to file fiscal year budget instructions.
To fill out fiscal year budget instructions, follow the guidelines provided by the issuing authority and accurately report financial information.
The purpose of fiscal year budget instructions is to ensure transparency, accountability, and proper financial planning.
Financial information such as income, expenses, budget allocations, and projected financial outcomes must be reported on fiscal year budget instructions.
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