State, before you build a single line of the budget, what you honestly expect to bring in and why, and what your priorities require you to spend on. A budget is only as honest as the assumptions under it.
First in Build and Run the Budget, before the Annual Budget Builder.
For each source of money, state the realistic amount, the reason, and how sure you are. Hope is not a reason: if you cannot say why a number is realistic, lower it until you can. Mark clearly which income is committed and which is only likely.
| Source | Expected amount | Reason, grounded in last year and what has changed | Committed or only likely |
|---|---|---|---|
If required spending exceeds honest revenue, do not fix it here by inflating a revenue line. Carry the real gap into the Annual Budget Builder, where you will decide whether to raise more, spend less, or face the harder question. Feeds the Annual Budget Builder.
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