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Fiscal Year 2018
Operating Budget
University of Alaska
Conference Committee (CC) Non-legislative Finance Division
Box 113200
Juneau, AK 998113200
(907) 4653795
www.legfin.akleg.govColumn Definitions
16Actual
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What is fiscal year operating budget?
A fiscal year operating budget is a financial plan that outlines an organization's expected income and expenses over a specific fiscal year, which typically consists of 12 months.
Who is required to file fiscal year operating budget?
Typically, government entities, non-profit organizations, and some businesses that operate on a fiscal year basis are required to file a fiscal year operating budget.
How to fill out fiscal year operating budget?
To fill out a fiscal year operating budget, gather information on expected revenues and expenditures, categorize them into various line items, and estimate amounts for each category based on historical data and future projections.
What is the purpose of fiscal year operating budget?
The purpose of a fiscal year operating budget is to provide a financial framework for an organization, allowing for effective planning, resource allocation, and monitoring of financial performance.
What information must be reported on fiscal year operating budget?
Information that must be reported includes estimated revenues, anticipated expenses, projected cash flow, and any variances from previous budgets.
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