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Reimagining Norfolk budget consultation 201619Overview Our priorities for Norfolk are Excellence in Education, Real Jobs, Improved Infrastructure and Supporting Vulnerable People. Reimagining Norfolkis
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Step 1: Gather relevant financial information.
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Step 2: Identify goals and objectives for the budget and strategic planning process.
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Step 3: Determine the timeline for budget preparation and strategic planning.
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Step 4: Allocate resources to various departments or areas.
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Step 5: Estimate revenues and expenses for the budget period.
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Step 6: Review and analyze the financial data.
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Step 7: Develop a budget and strategic plan based on the analysis.
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Step 8: Communicate the budget and strategic plan to stakeholders.
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Step 9: Monitor and evaluate budget performance throughout the year.
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Step 10: Make necessary adjustments to the budget and strategic plan as needed.

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Budget and strategic planning in a city refers to the process of creating a financial plan that outlines the city's expenditures and revenues while aligning with long-term goals and objectives for urban development and resource allocation.
Typically, municipal governments, city departments, and agencies are required to file budget and strategic planning documents, as well as any entities that receive city funding.
To fill out the budget and strategic planning document, you should gather financial data, project future revenues and expenses, outline strategic goals, and then complete the required forms with detailed narratives that support the budgetary figures.
The purpose of budget and strategic planning in a city is to ensure efficient allocation of resources, provide transparency to stakeholders, and guide the city towards achieving its strategic goals while maintaining financial health.
The report must include detailed financial projections, descriptions of proposed projects and initiatives, strategies for revenue generation, and alignment with the city's long-term strategic goals.
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