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MRCA FINAL BUDGET
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MRCA FINAL BUDGET
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8/15/2022 12:51:18 PM
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8/15/2022 12:50:16 PM
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Agenda
Date
9/8/2022
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The proposed final budget is described herein and further detailed in <br />four attachments: (1) Official Budget by Account Class Category this is <br />the Official budget of the MRCA (2) Final Management Revenue <br />Budget, (3) Final Management Expense Budget, and (4) Final <br />Management Budget by Task. <br />The proposed final budget was prepared using information available in <br />grant and contract files, prior year revenue receipts and expenditures, <br />and information regarding future projects funding. <br />The MRCA budgets each task (project) separately, and the total budget <br />figures are a compilation of those project budgets. The Final <br />Management Budget by Task details the amount of expenses expected <br />to be incurred in FY 2022-23 by task. See the Final Management Budget <br />by Task report for more information. <br />Projects are identified in the MRCA ERP system as reimbursable or <br />advanced funds, which aids in the MRCA accounts receivable process. <br />All reimbursable grants are invoiced by the MRCA on a periodic basis, <br />or as allowed for in the grant agreements. <br />It is the practice of the MRCA to include budgets for anticipated projects, <br />sometimes where funding agreements are not yet finalized. Anticipated <br />projects for FY 2022-23 are identified as such in the Final Management <br />Budget by Task. If funding is not secured these projects may not be <br />pursued. <br />ATTACHED: <br />(1) FY 22.23 Official Budget By Account Class Category <br />(2) FY 22.23 Final Management Revenue Budget <br />(3) FY 22.23 Final Management Expense Budget <br />(4) FY 22.23 Final Management Budget By Task <br />
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