The budget target represents the amount the Net Operating Surplus/(Deficit) line needs to be improved by to meet your FY20 Operating Budget Net Surplus/(Deficit) Goal. Each divisional finance leader was emailed their specific division’s FY20 Operating Budget Target and Goal. We have included additional language in Appendix 1 of the FY20 Operating Budget Guidelines.
My interpretation is that this is not the target for our surplus/deficit, but rather the amount that our budget needs to be lowered by. Is that right?