Board Resolution Approving Budget

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

BOARD RESOLUTION APPROVING BUDGET

**DATE:** {{date}}

**WHEREAS,** the management of {{company_name}} has prepared and presented a proposed budget for the fiscal year {{fiscal_year_start}} to {{fiscal_year_end}} to the Board of Directors;

**WHEREAS,** the Board of Directors has reviewed the proposed budget and discussed its contents in detail;

**WHEREAS,** the Board of Directors believes that the proposed budget is in the best interest of the company and aligns with its strategic objectives.

RESOLVED:

**IT IS HEREBY RESOLVED** that the budget for the fiscal year {{fiscal_year_start}} to {{fiscal_year_end}}, as presented to this meeting and attached hereto as Schedule A, be and is hereby approved.

FURTHER RESOLVED:

**IT IS FURTHER RESOLVED** that the {{position_of_officer_1}}, {{officer_name_1}}, and the {{position_of_officer_2}}, {{officer_name_2}}, or any one of them, be and are hereby authorized to take all necessary steps to implement and manage the approved budget, including but not limited to, allocating funds, monitoring expenditures, and reporting on financial performance;

**IT IS FURTHER RESOLVED** that any material deviations from the approved budget shall require further approval by the Board of Directors.

CERTIFICATION

I, {{secretary_name}}, Secretary of {{company_name}}, do hereby certify that the foregoing is a true and accurate copy of a resolution duly adopted by the Board of Directors of {{company_name}} at a meeting held on {{meeting_date}}, at which a quorum was present and acting throughout, and that such resolution is now in full force and effect.

Signature Block

_____________________________

{{secretary_name}}

Company Secretary

{{company_name}}

Date: {{signature_date}}