ACT Budget Procedures
February 2008
Budget Contact:
ACT managers prepare budgetary spending plans on an annual basis. These budgets are developed jointly between the Finance staff and individual managers. Typically:
- Finance staff:
- Develop budget worksheets with previous year data
- Calculate budget input for:
- Revenue
- Telephone/ NGN expenses
- Salaries and benefits for existing permanent staff
- Garage charges
- ACT managers:
- Develop expense budget for most other accounts
- Identify staffing changes, equity increases and reclassifications expected in the coming year
Budgets for the upcoming fiscal year are typically prepared, reviewed and finalized in the 4th quarter of each fiscal year.