<P> A budget process refers to the process by which governments create and approve a budget, which is as follows: </P> <Ul> <Li> The Financial Service Department prepares worksheets to assist the department head in preparation of department budget estimates </Li> <Li> The Administrator calls a meeting of managers and they present and discuss plans for the following year's projected level of activity . </Li> <Li> The managers can work with the Financial Services, or work alone to prepare an estimate for the departments coming year . </Li> <Li> The completed budgets are presented by the managers to their Executive Officers for review and approval . </Li> <Li> Justification of the budget request may be required in writing . In most cases, the manager talks with their administrative officers about budget requirements . Adjustments to the budget submission may be required as a result of this phase in the process . </Li> </Ul> <Li> The Financial Service Department prepares worksheets to assist the department head in preparation of department budget estimates </Li>

Who is responsible for preparing and executing the annual budget
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