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CBO TESTIMONY Statement of Donald B. Marion Acting Director CBO s Projections of Revenues for the Highway Trust Fund before the Subcommittee on Highways, Transit, and Pipelines Committee on Transportation
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Projections of revenues is a financial forecast that estimates the future income of a business or organization.
Businesses and organizations that need to provide financial projections to stakeholders or comply with regulatory requirements are required to file projections of revenues.
Projections of revenues can be filled out by analyzing historical data, market trends, and future expectations to estimate future income. This information can then be input into a financial model or template to generate the projections.
The purpose of projections of revenues is to provide an estimate of future income, which can be used for budgeting, financial planning, decision-making, attracting investors, or meeting regulatory requirements.
Projections of revenues typically include key financial metrics such as expected sales, revenue streams, pricing strategies, customer acquisition forecasts, and any other relevant financial data that impacts the overall revenue forecast.
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