Budget Process & Finance Committee Recommendations As outlined in the Finance Committee Work Plan, PJM presents preliminary expense and capital budgets to the committee each August for the upcoming calendar year. PJM addresses the committee’s questions and revises the budgets as needed to present to the Finance Committee as the proposed budgets in September. Following the August and September Finance Committee meetings, the committee’s member representatives write recommendations to the PJM Board about the proposed expense and capital budgets for the upcoming year. Section 7.5.2 of the Operating Agreement WEB | PDF requires that the PJM Board consider the proposed expense and capital budgets and Finance Committee’s recommendations no later than October 31 each year. Recommendation Letters Date 2021 PDF 9.25.2020 PJM Finance Committee Member Representative Recommendation on Schedule 9-2 PDF 9.25.2020 2020 PDF 3.30.2020 2019 PDF 12.3.2018 2018 PDF 12.3.2018