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Local Budget Preparation form No. 8Page 1 of 2 STATEMENT OF FUND OPERATION BUDGET YEAR 2016 Municipality of San Simon Province of PampangaFUND: GENERAL PARTICULARS1.0BEGINNING BALANCE2.0INCOME2.1 2.2GENERAL SERVICESSOCIAL SERVICESECONOMIC SERVICESOTHER SERVICESTOTALP13,292,633.06
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How to fill out local budget preparation form

01
Start by gathering all necessary financial information and documents, such as previous year's budget, revenue and expenditure details, and financial statements.
02
Review the guidelines and instructions provided by the local government or regulatory body regarding the local budget preparation process.
03
Begin by entering the relevant information about the local government entity, such as its name, address, and contact details.
04
Provide an overview of the local government's financial goals and objectives for the budget period.
05
Identify the sources of revenue for the local government, including taxes, grants, fees, and any other sources of income.
06
Outline the planned expenditures for the budget period, categorizing them into different departments or functions.
07
Ensure that the revenue and expenditures are balanced, and any deficit or surplus is appropriately addressed.
08
Include supporting documents and justifications for the revenue and expenditure estimates, such as previous year's financial performance, market analysis, and future projections.
09
Review the completed form for accuracy and completeness, making any necessary adjustments or corrections.
10
Submit the filled-out local budget preparation form to the appropriate local government authority or department within the specified deadline.

Who needs local budget preparation form?

01
The local budget preparation form is required by local government entities, such as cities, municipalities, and other administrative divisions.
02
It is typically filled out by government officials, budget officers, finance departments, or finance committees responsible for managing and allocating the local government's finances.
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In some cases, external auditors or regulatory agencies may also require the local budget preparation form for compliance and oversight purposes.
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The local budget preparation form is a document used to outline the financial plans and priorities for a specific local government or municipality.
Local government officials, finance officers, or other designated personnel are typically required to file the local budget preparation form.
The local budget preparation form must be filled out by entering detailed financial information, projections, and proposed expenditures for the upcoming budget period.
The purpose of the local budget preparation form is to provide a framework for managing and allocating financial resources in a transparent and accountable manner.
Information such as revenue sources, proposed expenditures, budget constraints, and financial goals must be reported on the local budget preparation form.
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