Explore your facility’s budget cycle and process. For example, some facility’s budget cycle runs from

Explore your facility’s budget cycle and process. For example, some facility’s budget cycle runs from January 1st through December 31st. Other facilities operate from July 1st through June 30th.  Budget cycles vary by institution and the state in which the facility is licensed. Budget processes also vary.   
If you are not currently working in a HCO, review the literature on the budget cycle/process to formulate your answers to the following questions.
In analyzing the budget process consider and answer the following questions in no more than 500 words:
1. Who is responsible for creating the budget?
2. What type of software (if any) is used to assist in creating the budget?
3. What are some key factors to consider when developing the budget?
4. Who is responsible for final approval of the budget?
5. And feel free to add any other points of interest relevant to the budget process.