Operating budget pdf#

It includes revenues from operations, cost of goods sold (COGS) cost of goods sold (COGS), and operating expenses such as salaries, rent, utilities, and marketing.

Operating budget pdf#

This online version of the report contains a downloadable PDF of the full report. An Operating Budget is a detailed projection of all the income and expenses income and expenses expected during a certain period, typically a fiscal year. The FY 2022-23 Operating Budget was approved by the Board of Trustees on March 23, 2022, and by the Board of Governors on May 24, 2022. Net Operating Income Gross Operating Income Operating Expenses. The basic calculated figure from an operating budget is net operating income (NOI). In fact, the operating budget definition pertains directly to operating income and expenses. Assumptions such as sales in units, sales price, manufacturing costs per unit, and direct material needed per unit involve a significant amount of time and input from various parts of the organization. The end result was an all-funds budget that totals $4 billion for University initiatives and reflects the diversity and complexity of UNC-Chapel Hill’s funding and missions. An operating budget definition addresses the purpose and contents of the budget. Operating budgets are a primary component of the master budget and involve examining the expectations for the primary operations of the business. 17 07450 Fund : 300 Date : 28 - May - 98 ( 19 ) Year 6 FY 2004 0 0 0 0 ( 20 ) Total 6 Years 0 1,036 1,035 1,035 0 0 E. The FY 2022-23 budget process included a review of more than 1,700 requests totaling $173 million in new funding, with allocations focused on three themes: Supporting Carolina’s Excellence, Invest in North Carolina’s Future, and Promote Fiscal Responsibility. The FY 2022-23 Budget Book presented here provides a high-level view of operating revenues and expenses for the University and its major operating units and describes the process and priorities that have guided decision-making across campus during budget development. The University of North Carolina at Chapel Hill 2022-2023 Operating Budget is the first all-funds budget in the history of the University. Annual Operating Budget Book 2022-2023 Operating Budget (Download Full Budget Book)