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10 APRIL 2019THE CITY MANAGER THE EXECUTIVE MAYORMUNICIPAL FINANCE MANAGEMENT ACT (MFA): PRELIMINARY MONTHLY FINANCIAL REPORT FOR THE PERIOD ENDED 31 MARCH 2019 (MONTHLY BUDGET STATEMENT) 1.PURPOSE
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Gather all financial documents including income statements, balance sheets, and cash flow statements.
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Input all financial data into the appropriate sections of the municipal finance software or reporting template.
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Who needs municipal finances and reporting?

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Government entities such as municipalities, counties, and states require municipal finances and reporting to track and manage their budgets and expenditures.
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Stakeholders such as taxpayers, investors, and auditors rely on municipal finances and reporting to ensure transparency and accountability in financial management.
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Municipal finances and reporting refer to the financial activities and reporting requirements of a local government or municipality.
Local government officials or finance departments are typically required to file municipal finances and reporting.
Municipal finances and reporting can be filled out using financial software or templates provided by the relevant governing body.
The purpose of municipal finances and reporting is to ensure transparency, accountability, and proper management of public funds.
Information such as revenue, expenditures, assets, liabilities, budgets, and financial statements must be reported on municipal finances and reporting.
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