You will notice that there are six columns. The first column is labelled 'Actual,' indicating what has been received or expensed. The second and fifth columns are labelled 'Budget,' indicating what is budgeted for 2024, for the indicated duration of time. The fourth column is labelled, ‘Projected’ indicating what the expected total spending amount for 2024 is. The third and sixth columns are labelled 'Variance,' indicating the difference between the actual and the budget.
