1. Beef Board Budgeting Process

2. CBB Budget Development
Producer involvement must be a standard feature of budget development process
CBB can only spend amounts budgeted
Budget set at beginning of each year but process allows for amendments in emergency situations

3. Beef Board Budgeting Process
Beef Promotion Operating Committee:
Receives and reviews budgets and projections for program expenditures from Joint Budget Committee
Makes budget recommendations to full Beef Board for evaluation and program components – promotion, research, consumer information, industry information, foreign marketing and producer communications

4. Beef Board Budgeting Process
Full Beef Board votes on budget recommendation from Operating Committee at summer conference
After approval of specific ARs and Work Plans in September of each year, Operating Committee recommends a budget amendment, as necessary.
Full Beef Board votes on budget amendments recommended by OC, as necessary
Beef Board cannot change budget, but is a check-and-balance on Operating Committee and does have the right to reject a budget recommendation from the Operating Committee – but not to amend it.