What is the purpose of AFI65-601V2?
AFI65-601V2 is the AirForce regulation that governs budget management for operations. Its purpose is to provide guidance and procedures for planning, programming, budgeting, and execution of AirForce resources.

Who does AFI65-601V2 apply to?
This regulation applies to all personnel responsible for budget management in AirForce operations, including commanders, resource advisors, and financial managers.

What are the key components of budget management?
The key components of budget management include planning, programming, budgeting, execution, control, and evaluation.

How should budget planning be conducted?
Budget planning should be conducted in conjunction with operational planning and be based on mission requirements, historical data, and projected costs.

What is the role of the resource advisor?
The resource advisor is responsible for assisting the commander in planning, programming, and executing the budget, as well as ensuring compliance with financial management regulations and policies.

What is the purpose of the budget execution phase?
The budget execution phase involves the allocation of resources to specific activities and ensuring that expenditures remain within the authorized budget.

How is budget execution controlled?
Budget execution is controlled through the use of financial management systems, regular monitoring, reporting, and analysis of financial data for timely decision-making.

What is the purpose of budget evaluation?
Budget evaluation evaluates the effectiveness and efficiency of budgetary actions and provides feedback on the achievement of objectives and compliance with financial regulations.

What are the consequences of non-compliance with AFI65-601V2?
Non-compliance with AFI65-601V2 may result in financial mismanagement, loss of resources, disciplinary actions, and decreased readiness and mission effectiveness.