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PROJECT FUNDING REQUEST BOARD DATE: November 17, 2022Team Manager: Tom BarnettACTION REQUESTED Approve by resolution a request from the City of Marlin (Falls County) for $2,880,000 in financial assistance,
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Gather all necessary financial information and estimates for the upcoming budget period.
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Review past budget performance and identify areas for improvement or adjustment.
03
Consult with relevant stakeholders such as department heads or project managers to gather input on budget needs and priorities.
04
Create a draft budget proposal that aligns with organizational goals and objectives.
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Present the draft budget proposal to decision-makers for review and feedback.
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Make any necessary revisions based on feedback and finalize the budget proposal for approval.

Who needs ahead of budget approval?

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Organizations or businesses that require a formalized financial plan for the upcoming budget period.
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Budget managers or financial officers responsible for overseeing budget planning and allocations.
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Decision-makers or executives who need to approve and authorize budget expenditures.
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Ahead of budget approval refers to the process or requirements that must be met before a proposed budget can be formally approved by the relevant authority or governing body.
Typically, department heads, project managers, or any entity that requires budget allocation or funding is required to file documentation ahead of budget approval.
To fill out ahead of budget approval, gather necessary financial information, outline the budget proposal clearly, justify expenses, and complete any required forms as specified by the approving body.
The purpose of ahead of budget approval is to ensure that all proposed expenditures are reviewed for necessity, accuracy, and compliance with organizational policies before funds are allocated.
Information that must be reported includes the proposed budget amounts, justification for each expense, related project or program details, and any supporting documentation as required.
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