These notes are to serve as guides for creating annual budgets for Red Mountain Makers
Budgets and financial forecasts. Creating them strikes fear into the hearts of the uninitiated. They are dreaded by those that do. But they are essential for figuring out how much money a group needs to operate effectively, and for reducing risk in an organization operations.
- To forecast and plan for annual expenses
2016 - finance committee reviewing and revising the 2016 forecast (part of the 3-year business plan - 2015 - 2017) in December. 2017 - Goal - review and revise that plan July/August for presentation at the September bi-annual general meeting (to allow for membership approval, and any input and revision)