1.For FY 2021: 0 Develop a statistical budget. 6 Develop a revenue budget and four expense budgets in statement of op erations format including detailed footnotes explaining any changes in the numbers. (1) Increase rates the maximum allowed and increase expenses the maximum requested. (2) Increase rates the maximum allowed and maintain expenses at FY 2020 levels after adjusting for volumes. (3) Increase rates the maximum allowed and cut expenses to break even in FY 2021. (4) Increase rates the maximum allowed and cut expenses to recover FY 2020 losses. [See chapter 14.]