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Get the free Annual Budget & CIPThe Town of Durham New Hampshire

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PROJECTEDBUDGETI Actually 201814,319,936NONPROPERTYPLUSOVERLAYTAXREVENUESTown Actually 2017LESSCouncilCouncil ApprovedFY16,121,3106,830,998CREDITSTOTALANDPROPERTY127,0001EXEMPTIONSTAXESTO BE RAISED8,646,900I125,000127,000125,0008,301,771PROPOSEDTAXRATEaio.i\'y\'x1,194,424,4001,203,424,4007.378.487.60Revaluation
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Gather all relevant financial documents such as income statements, expense records, and financial projections.
02
Create different categories for income and expenses, such as revenue, operating expenses, and capital expenditures.
03
Allocate a specific amount to each category based on past trends and future projections.
04
Consider any anticipated changes in income and expenses and adjust the budget accordingly.
05
Ensure that all budgeted amounts align with the goals and objectives of the organization.
06
Review and revise the budget as needed throughout the year to account for any unforeseen circumstances or changes in financial conditions.
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Document all budgeted amounts and keep track of actual income and expenses to monitor the budget's performance.
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Provide clear and concise explanations for any significant deviations from the budgeted amounts in periodic reports or presentations.
09
Communicate the budget to relevant stakeholders and obtain their input and feedback.
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Regularly assess and evaluate the budget's effectiveness in achieving financial goals and make necessary adjustments.

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The annual budget and CIP (Capital Improvement Plan) form is a financial document required by government entities that outlines the expected revenues and expenditures for a fiscal year, along with proposed capital projects.
Typically, local government agencies, municipalities, and school districts are required to file the annual budget and CIP form to ensure transparency and accountability in the use of public funds.
To fill out the annual budget and CIP form, entities should gather financial data, outline projected revenues and expenditures, and provide detailed information regarding capital projects planned for the upcoming year. Specific instructions may vary by jurisdiction.
The purpose of the annual budget and CIP form is to provide a framework for financial planning, to allocate resources effectively, and to enhance transparency in government finance by allowing the public to understand how funds are managed.
The report typically includes projected revenues, planned expenditures, detailed descriptions of capital projects, timelines for project completion, and any funding sources or grants associated with those projects.
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