I.For FY 2021: Develop a statistical budget . 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 . ]