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Report No. 61/182018/19 PROVISIONAL REVENUE BUDGET (Including Budget Issues 2018/19)Issued by the Place Directorate (Corporate Finance Division)ANGUS COUNCIL PROVISIONAL REVENUE BUDGET 2018/19 (Including
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How to fill out 201819 provisional revenue budget
01
To fill out the 2018/19 provisional revenue budget, follow these steps:
02
Gather all relevant financial documents and forecasts for the upcoming fiscal year.
03
Start with the income section. List all expected revenues and sources of income, such as sales, fees, grants, and investments.
04
Break down the revenue sources into different categories, such as recurring income, one-time payments, or anticipated changes in revenue.
05
Estimate and input the amounts for each revenue source accordingly, based on historical data, market trends, and expert opinions.
06
Proceed to the expenses section. Categorize and list all expected costs, including salaries, utilities, supplies, and maintenance.
07
Similar to the revenue section, break down the expenses into different categories to get a comprehensive overview.
08
Estimate the amounts for each expense category based on current and projected needs, as well as any expected changes or trends.
09
Consider any anticipated revenue and expense fluctuations throughout the fiscal year and make appropriate adjustments.
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Double-check all the entered data and calculations for accuracy and completeness.
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Review the budget with relevant stakeholders and make any necessary revisions before finalizing and submitting it.
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Keep a copy of the completed provisional revenue budget for future reference and tracking purposes.
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Various entities and individuals may need the 2018/19 provisional revenue budget, including:
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- Auditors and accountants for compliance and financial analysis purposes.
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- Stakeholders and board members for transparency and accountability.
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- Individuals responsible for financial management within an organization or government entity.
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