Transcription of Financial Management CHAPTER 2. PHA OPERATING …
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Financial Management CHAPTER 2. PHA OPERATING …
Financial Management Handbook REV. CHAPTER 2. PHA OPERATING BUDGETS 2-1. PURPOSE. The purpose of this CHAPTER is to provide PHAs with conceptual guidance regarding preparation and administration of the OPERATING Budget. The CHAPTER cites specific regulatory requirements, where applicable, including those related to the Performance Funding System (PFS). 2-2. OPERATING BUDGET DEFINITION. A budget is a realistic estimate of OPERATING receipts and expenditures for a given period of time to be used as a plan of operation and a monitoring tool to measure an agency's performance.
Financial Management 7475.1 REV. Handbook (2) That the financial plan is reasonable in that: (i) It indicates a source of funding adequate to
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