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Penalty Community College District PLANNING AND BUDGETING INTEGRATION MODEL (BIM)COMMITTEE REPORT COMMITTEE NAME: Participatory Governance Council (PGC) CHAIRPERSON: Chancellor White and Donald Moore

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How to fill out planning and budgeting council

01

Gather all necessary financial information

02

Identify all sources of income

03

List all expenses and categorize them

04

Set financial goals and priorities

05

Create a budget plan based on the gathered information

06

Review and adjust the budget plan as needed

Who needs planning and budgeting council?

01

Individuals who want to manage their personal finances effectively

02

Small businesses looking to plan and allocate their financial resources

03

Nonprofit organizations aiming to track and optimize their funding

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What is planning and budgeting council?

Planning and budgeting council is a process where an organization creates a financial plan for the upcoming year.

Who is required to file planning and budgeting council?

Organizations and businesses are required to file planning and budgeting council.

How to fill out planning and budgeting council?

To fill out planning and budgeting council, organizations need to gather financial data, set goals, and create a detailed budget for the upcoming year.

What is the purpose of planning and budgeting council?

The purpose of planning and budgeting council is to help organizations manage their finances effectively and plan for future expenses.

What information must be reported on planning and budgeting council?

Information such as revenue projections, expense forecasts, and strategic goals must be reported on planning and budgeting council.

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