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DRAFT ANNUAL BUDGET AND SUPPORTING DOCUMENTATION OF A MUNICIPALITYDRAFT ANNUAL BUDGET OF ENCODE MUNICIPALITY2019/20 TO 2021/22 MEDIUM TERM REVENUE AND EXPENDITURE FORECASTSCopies of this document
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01
Gather financial information such as income, expenses, and savings.
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Estimate the income for the upcoming year including any salary, investments, or other sources of income.
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List out all the expenses including fixed expenses like rent, utilities, and insurance as well as variable expenses like groceries and entertainment.
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Set financial goals for the year such as saving a certain amount or paying off debt.
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Allocate funds to different categories based on priority and necessity.
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Review and adjust the budget as needed throughout the year to stay on track.

Who needs draft annual budget and?

01
Individuals looking to manage their finances more effectively.
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Non-profit organizations needing to allocate funds efficiently.

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The draft annual budget is a plan outlining expected revenues and expenses for a particular period.
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