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13 AUGUST 2019THE CITY MANAGER THE EXECUTIVE MAYORMUNICIPAL FINANCE MANAGEMENT ACT (MFMA): PRELIMINARY MONTHLY FINANCIAL REPORT FOR THE PERIOD ENDED 31 JULY 2019 (MONTHLY BUDGET STATEMENT) 1.PURPOSE

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What is fy executive budget?

The FY executive budget is a detailed financial plan that outlines the spending and revenue projections for a specific fiscal year.

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Government entities and organizations receiving public funds are required to file the FY executive budget.

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The FY executive budget is typically filled out by financial managers or budget analysts who have knowledge of the organization's finances.

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The purpose of the FY executive budget is to provide a roadmap for how funds will be allocated and managed throughout the fiscal year.

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The FY executive budget must include revenue projections, expenditure estimates, and a breakdown of how funds will be spent.

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