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Appendix GOLAN MEEK MUNICIPALITYASSET MANAGEMENT POLICYAPPROVED BY COUNCIL ON: 26 MAY 2016 COUNCIL RESOLUTION NUMBER: A23/05/2016i Initial: ___Appendix TABLE OF CONTENTS Page ABBREVIATIONS ....................................................................................................................

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What is draft budget medium term?

The draft budget medium term is a financial plan that outlines the expected income and expenses for a specified period of time, usually between 2 to 5 years.

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Government agencies, organizations, and institutions that are required to submit budget proposals for approval are typically required to file draft budget medium term.

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To fill out a draft budget medium term, one must gather information on expected revenues, expenses, and funding sources for the specified period. This information is then organized and presented in a comprehensive budget proposal.

What is the purpose of draft budget medium term?

The purpose of a draft budget medium term is to provide a long-term financial plan that guides decision-making and resource allocation over a specified period of time.

What information must be reported on draft budget medium term?

Information such as projected revenues, planned expenses, funding sources, and budget assumptions must be reported on a draft budget medium term.

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