It allows the organization to compare actual expenses and income against budgeted amounts. It allows the organization to evaluate the differences in expenditures and budgeted amounts. It is a guideline. Membership - Local portion only. If an organization has identified particular programs or projects to conduct.
Budget expenses first.
Determine how to earn the necessary revenue to accomplish goals. If an organization has not determined programs or projects to conduct Budget revenues first. Determine the programs and projects for which there are sufficient funds. Reflect realistic plans of action. Designed for use in evaluating performance.