The Accountability Cycle - Fiscal Plan & Final Program Budgets [First Nation Financial Planning, FNFP]

The Fiscal Plan is a consolidated, program by program budget. The fiscal plan lays out the overall Band Council budget for the new fiscal year and is based upon approved Program Work Plans. Program budgets set out expected financial activities during the fiscal year. They are based on an analysis of revenues and expenditures and include both capital and operational expenditures.