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DRAFT ANNUAL BUDGET WINNIE MADIKIZELAMANDELA LOCAL MUNICIPALITY2024/25 TO 2026/27 MEDIUM TERM REVENUE AND EXPENDITURE FORECASTS Copies of this document can be viewed: In the Mayors' office of the

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How to fill out budget update and town-wide

01

Gather all the financial records and documents needed for the budget update.

02

Analyze the current budget and identify areas that need adjustment or improvement.

03

Consult with relevant stakeholders such as department heads, finance committee members, and town officials to gather input and feedback.

04

Make necessary adjustments to the budget based on the analysis and feedback received.

05

Present the updated budget to the appropriate governing body for approval.

06

Communicate the changes and updates to all relevant parties and ensure that all departments are aware of their responsibilities and budget allocations.

Who needs budget update and town-wide?

01

Government officials and administrators responsible for managing the town's finances.

02

Finance committee members who oversee the budget planning and allocation process.

03

Department heads and staff who use the budget to plan and execute their programs and services.

04

Taxpayers and residents who have a vested interest in how the town's finances are managed and allocated.

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What is budget update and town-wide?

Budget update and town-wide refers to the process of revising and reporting on the financial plan and expenditures of a town, to provide transparency and accountability to the community.

Who is required to file budget update and town-wide?

All local government officials and departments responsible for budget management are required to file budget update and town-wide reports.

How to fill out budget update and town-wide?

Budget update and town-wide reports can be filled out by entering relevant financial information, such as revenue sources, expenditures, budget amendments, and explanations for variances.

What is the purpose of budget update and town-wide?

The purpose of budget update and town-wide reports is to track and monitor the town's financial performance, ensure compliance with budgetary guidelines, and inform the public about how taxpayer funds are being utilized.

What information must be reported on budget update and town-wide?

Information such as revenue sources, expenditures, budget amendments, variances from the original budget, and explanations for significant changes must be reported on budget update and town-wide reports.

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