EUS Operating Budget: Difference between revisions

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 {{WebsiteIcon|1=http://budget.mcgilleus.ca}}
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-The EUS Operating Budget is the EUS' main budget. However, it does not includes the fees that are charged separately to students such as [[EUSF]], [[SSF]], [[DTF]] and the EWB Fee. The previous and current budgets can be accesses with the link below.
+A '''''budget''''' is a plan of expenditures and revenues for the year. It is not a request for [[funding]] – it is a forecast of where money is coming from and where it is leaving. A budget should be as accurate as possible, and should be binding (unless something unexpected comes up – in that case you must get the appropriate approvals to deviate from the budget). '''There should be some flexibility built into budgets to avoid overspending.''' Note the difference between a [[budget]], [[Internal record]]s, and the [[EUS record]]s.
+The '''''EUS Operating Budget''''' is the EUS' main budget. However, it does not includes the fees that are charged separately to students such as [[EUSF]], [[SSF]], [[DTF]] and the EWB Fee. The previous and current budgets can be accesses with the link below.
 <center><span style="font-size: 2.5em;">[http://budget.mcgilleus.ca EUS Budgets]</span></center>