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Version 2.8Click for Instructions! Contact details: Elsa Moscow National Treasury Tel: (012) 3155534 Electronic submissions: lg documents treasury.gov.za2020Preparation InstructionsMunicipality Name:

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Start by gathering all the necessary financial information such as income, expenses, savings, and investments.

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Anyone who wants to manage their finances effectively and have control over their spending can benefit from creating a budget year. It is especially useful for individuals, families, or businesses who have specific financial goals, want to save money, or want to track their expenses closely.

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What is budget year?

Budget year refers to the specific period for which a budget is created and managed, typically lasting for 12 months.

Who is required to file budget year?

Organizations, businesses, and government agencies are usually required to file a budget for the upcoming year.

How to fill out budget year?

Budgets are typically filled out by estimating income and expenses for the upcoming year, and then comparing actual financial results to the budget throughout the year.

What is the purpose of budget year?

The purpose of a budget year is to plan and manage financial resources to ensure that expenses do not exceed income.

What information must be reported on budget year?

Budgets typically include projected revenues, expenses, capital expenditures, and cash flow.

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