A sound budget provides the framework for informed strategic decision making.
Organizations seeking to thrive understand the importance of developing a budgeting process and annual operating budget.
To develop a budget customized to your organization, FMA will:
- Develop a budget template incorporating the organization’s expense structure, revenue mix, programs and other significant activities, and allocation methodology
- Collaborate with senior leadership to estimate revenues based on projected volumes, past funding allocations, or new expected revenue streams
- Facilitate process to develop expense budgets, including:
- Staff salary increase percentages
- Fringe benefit rates
- Direct program expenses
- Overhead calculations