Standard #23 Operating Budget

The club can demonstrate that it has an annual operating budget approved by the board and/or approved and presented at the annual general meeting.

The board reviews actual revenues and expenses versus budget annually.

 

Examples of Evidence

  • Relevant annual general meeting or board/committee meeting minutes

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Previous Standard:
#22 Internal Communications
Next Standard:
#24 Annual Reporting

Related Resources

Board Development: Financial Responsibilities

The Muttart Foundation

A self-guided workbook for the policy governing board member who has little or no financial background.