A budget is a plan expressed in numerical terms.
Budgets provide performance measures and facilitate comparisons.
Budgets help coordinate resources for programs. Committee budgets reflect the resources needed to accomplish their goals. The Finance team forwards the recommended, balanced budget to MSC Council for approval. Any changes recommended by the MSC Council are communicated to the Finance team and the specific budget area if applicable. When addressed the recommended MSC budget is once again sent to the MSC Council for approval.