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Define or explain what “fiscal sustainability means. (2) What factors or elements must be considered in determining whether fiscal sustainability is being met? (3) Identify and explain at least three approaches that administrators use to reduce budgets to meet fiscal sustainability.

(1) Define or explain what “fiscal sustainability” means.

(2) What factors or elements must be considered in determining whether fiscal sustainability is being met?

(3) Identify and explain at least three approaches that administrators use to reduce budgets to meet fiscal
sustainability.

“The narrative comes before the numbers.” Explain what this statement means with respect to budgeting. (2) Explain why it is important that the budget “narrative” be drafted first

“The narrative comes before the numbers.” Explain what this statement
means with respect to budgeting. (2) Explain why it is important that
the budget “narrative” be drafted first