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Item No. 4.1 CITY OF SOUTH PADRE ISLAND PLANNING AND ZONING COMMISSION AGENDA REQUEST COMMENTING DATE: August 18, 2022, NAME & TITLE: Marta Martinez DEPARTMENT: Planning/Parks & Rec. Department ITEM Discussion
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Gather all the necessary financial information such as income, expenses, assets, and liabilities.
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List all sources of income including salary, bonuses, investments, etc.
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Subtract total expenses from total income to determine if you have a surplus or a deficit.
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Budget financial summary is a detailed report showing the financial status and performance of an organization or a project.
Non-profit organizations, government agencies, and businesses are typically required to file budget financial summaries.
Budget financial summaries are typically filled out by financial managers or accounting professionals using the organization's financial data.
The purpose of a budget financial summary is to provide stakeholders with a clear overview of the organization's financial health and performance.
Budget financial summaries typically include income, expenses, assets, liabilities, and financial performance indicators.
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