Budget Checklist

___ Select Budget Committee or Team

___ Compare budget amounts to actual expenses for previous year

___ Determine locals goals for next year

___ Calculate anticipated income (members X local dues amt) and determine if there are any other resources/revenue available

___ Determine how much of anticipated income will be allotted to spend on each goal

___ Local governance should approve budget BEFORE fiscal year begins

___ Budget only for revenue and expense