The fiscal year of the DGSO shall run from July 1 to June 30 of the following year. After consulting relevant affiliates and committees of the DGSC, the Co-Chair for Business shall a present a budget proposal for the following fiscal year to the Steering Committee by its March meeting of the current year. The Steering Committee shall propose a budget for the following fiscal year to the DGSC by the April Plenary meeting. The DGSC shall approve a budget for the following fiscal year by June 1 of the current fiscal year or by October 1 of the next fiscal year. The current budget shall be in effect until the new budget is passed. Budgeted expenditures may not exceed estimated income.
