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Fiscal Year 2017 Operating Budget Department of Natural Resources Conference Committee (CC) Non-legislative Finance Division Box 113200 Juneau, AK 998113200 (907) 4653795 www.legfin.akleg.govColumn
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A fiscal year operating budget is a financial plan that outlines the expected revenues and expenditures for an organization for a specific fiscal year, which may not align with the calendar year.
Organizations, including government entities and certain non-profits, that operate on a fiscal year basis are typically required to file a fiscal year operating budget.
To fill out a fiscal year operating budget, identify all sources of revenue and estimate expenditures for various categories, ensuring that the totals balance and comply with relevant regulations.
The purpose of a fiscal year operating budget is to provide a structured financial framework that guides an organization's spending and planning, promoting fiscal responsibility and accountability.
The fiscal year operating budget must report anticipated revenues, planned expenditures, any deficit or surplus projections, and details on specific budget line items.
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