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Name of Projects 1. Contract ID No. 17K00224 Contract Name Improvement/Widening of National Roads Butuan City-Cagayan de Oro CityIligan City Rd-K1287 689-K1290 000 K1310 513-K1312 519 K1312 596K1312 834 K1312 864-K1313 000 K1367 000-K1369 500 Misamis Oriental 1st LD Contract Location Misamis Oriental 1st LD Appropriation Php. 187 962 000. 00 Iligan Php. 179 115 000. 00 B. Revised Contract Duration 2. 17K00225 From To 282 Calendar Days 357 Calendar Days C. BERBA CEO VI CESE OIC- Assistant...
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How to fill out revision of approved budget
How to fill out revision of approved budget
01
Step 1: Obtain a copy of the approved budget
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Step 2: Review the approved budget to understand the overall structure and categories
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Step 3: Identify the areas that require revision or updates
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Step 4: Make note of the changes that need to be made to the budget
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Step 5: Access the appropriate budgeting software or template
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Step 6: Open the approved budget file in the software or template
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Step 7: Locate the specific categories or areas that need revision
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Step 8: Update the budget with the necessary changes
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Step 9: Ensure that the revised budget balances and aligns with the overall financial goals
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Step 10: Save the revised budget file with a new name or version number
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Step 11: Share the revised budget with relevant stakeholders and get their approval if required
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Step 12: Use the revised budget for financial planning and decision making
Who needs revision of approved budget?
01
Organizations with approved budgets that require adjustments or changes
02
Financial departments or teams responsible for budget management
03
Managers or decision-makers who need accurate and up-to-date financial information
04
Governments or government agencies overseeing budget allocations
05
Non-profit organizations seeking to reallocate funds for various programs or initiatives
06
Businesses or individuals with complex financial structures and changing financial needs
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What is revision of approved budget?
The revision of approved budget is the process of making changes to the previously approved budget in order to reflect any updated information or new circumstances.
Who is required to file revision of approved budget?
Any individual or organization that is responsible for managing the budget is required to file a revision of the approved budget.
How to fill out revision of approved budget?
To fill out a revision of the approved budget, you should review the original budget, identify any changes or updates, and make appropriate adjustments to the budget document.
What is the purpose of revision of approved budget?
The purpose of the revision of approved budget is to ensure that the budget accurately reflects the current financial situation and allows for effective financial planning and decision-making.
What information must be reported on revision of approved budget?
The revision of approved budget must include details on any changes to revenue and expenses, updated financial projections, and any reasons for the revisions.
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