Orange County NC Website
Browse       Search
SOUTH ORANGE RESCUE SQUAD,INC. <br /> North Carolina <br /> Standard Operations Manual <br /> Subject: Annual Budget SOM No.: FIN-001 <br /> Effective Date: July 14,2005 <br /> Revision Date: Authorization Signature: <br /> 1. PURPOSE <br /> 1.1. To describe the annual budget process. <br /> 2. OSHA REQUIRMENTS <br /> 2.1. N/A <br /> 3. CERTIFICATION LEVELS <br /> 3.1. All <br /> 4. POLICIES <br /> 4.1. South Orange Rescue Squad shall operate in accordance with an annual budget. <br /> 4.2. The Squad fiscal year shall be January 1st to December 31st <br /> 5. PROCEDURES <br /> 5.1. The budget shall have line items to represent associated incomes and expenses for operations, <br /> training and overhead administration of the organization. <br /> 5.2. Line items shall have their associated funds or incomes allocated to one of the following <br /> categories: <br /> 5.2.1. EMS <br /> 5.2.2. Rescue <br /> 5.2.3. Administrative <br /> 5.3. Division budgets shall be compiled by the Assistant Chiefs of each division.The Chief <br /> Operations Officer and Treasurer shall compile the Administrative&Overhead categories. <br /> 5.4. The Chief Operations Officer shall compile the annual budget for presentation to the Finance <br /> Committee prior to the October business meeting. The Finance Committee shall discuss the <br /> budget draft and make recommendations for amendment. <br /> 5.5. The draft annual budget and Finance Committee recommendations shall be presented to the <br /> membership at the October business meeting. <br /> 5.6. The membership shall have the opportunity to review and offer feedback on the budget until the <br /> November Squad business meeting. <br /> 5.7. The Finance Committee will hold a Budget Review meeting in November prior to the Squad <br /> business meeting.The Draft Budget,membership feedback and Finance Committee <br /> recommendations shall be presented to the Board of Directors. <br /> FIN-001 Annual Budget.doc <br /> -Page 1 of 2- <br />