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Fiscal Year 2019 Operating Budget Department of Public Safety Conference Committee (CC) Non-legislative Finance Division Box 113200 Juneau, AK 998113200 (907) 4653795 www.legfin.akleg.govColumn Definitions
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What is fiscal year operating budget?
The fiscal year operating budget is a financial plan that outlines an organization's expected revenues and expenses for a specific period.
Who is required to file fiscal year operating budget?
Organizations, businesses, and government entities are typically required to file a fiscal year operating budget.
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To fill out a fiscal year operating budget, one must gather financial data, project future expenses and revenues, and create a comprehensive plan.
What is the purpose of fiscal year operating budget?
The purpose of a fiscal year operating budget is to forecast financial performance, allocate resources effectively, and monitor financial health.
What information must be reported on fiscal year operating budget?
Information such as expected revenues, expenses, projections, budget variances, and financial goals must be reported on a fiscal year operating budget.
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