Budget Creation Process
Budget Creation Process Map
- Create a budget proposal (ex. spreadsheet):
- Total Amount (specific items and discretionary funds; prioritize spending categories)
- Timeframe (periodic and one-time)
- Budget Owners
- Review schedule
- Schedule a budget meeting with the Finance Committee and other relevant parties.
- Review budget proposal with Finance Committee.
- Discuss and revise budget
- Agree on final budget proposal
- The Treasurer presents the final budget proposal to the OSE Board of Directors for ratification.