What is regulation DAFI65-601V1?
Regulation DAFI65-601V1 is the official AirForce document that provides guidance and procedures for budgeting.

Who does this regulation apply to?
This regulation applies to all AirForce personnel involved in budgeting and financial management activities.

What is the purpose of this regulation?
The purpose of this regulation is to establish standard procedures and guidelines for planning, preparing, executing, and documenting the AirForce budget.

What does the budgeting process entail?
The budgeting process involves forecasting, estimating, allocating, and controlling resources to achieve the organization's financial goals and objectives.

Are there any specific requirements for budget requests?
Yes, budget requests must be realistic, well-documented, and address the AirForce's priorities and mission requirements.

How often should budgets be reviewed?
Budgets should be reviewed on a regular basis to ensure accuracy, validity, and relevance to the organization's needs. Typically, this is done annually or whenever significant changes occur.

Can budgets be revised during the fiscal year?
Yes, budgets can be revised during the fiscal year if necessary. However, any revisions must follow approved procedures and be properly documented.

Are there any restrictions on budget transfers?
Yes, budget transfers should only be made in accordance with applicable laws, regulations, and agency policies. They should also be supported by valid justifications and properly authorized.

What is the role of the Budget Officer?
The Budget Officer is responsible for overseeing the budgeting process, ensuring compliance with regulations, providing guidance to budget activity managers, and preparing budget execution reports.