Budget Manual 2020

Budget Manual

Early in the project planning process, departments may have to rely on preliminary operating estimates. In such cases, departments identify the assumptions underlying the operating impact estimates. They will note which aspects of the project might change, and subsequently update these assumptions and the operating cost estimates as additional information becomes available. Departments also note any revenues that the project is projected to generate. These revenues are subtracted from the operating costs to determine a net operating cost for the project.

Capital Improvements Program C-4