- Business Plan
- Expense Claim Form
- Income-Expense Statement
- Financial Position
Following completion of the business plan, a budget for the next calendar year must be submitted to head office by August 15.
The purpose of the budget is threefold:
1. to estimate
revenue and expenses for all local events and activities to be finance
from the branch bank account
The financial objectives are twofold:
term objectives are to maintain a level of funds in the branch account
that is optimal for that particular branch. APEGGA advances are available
to maintain this optimal level, however, branches should budget for no
more than 2 advances per year.
The form for the budget appears in Appendix B. It is comprised of two sections.
The first page is dedicated to estimating the revenue and expenses to be financed by the branch through the branch bank account and to estimate the timing and amount of advances from APEGGA. The second page provides information that enables head office to budget costs for:
and accommodation for Branch Chair to attend Council meetings
which are allocated to the branches, but not paid for through the branch bank account.
The branch advances and the costs allocated to the branches are entered into an APEGGA budget spreadsheet for each branch.
Preparing the Budget
Only the "greyed out" fields in the budget spreadsheet need to be filled in. The items listed in the spreadsheets in Appendix B are described in the paragraph that follows.
Section I - Revenue and Expenses Paid by the Branch from the Branch Bank Account
Balance - Start month