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MediumTerm Revenue and Expenditure Framework Prepared in terms of the local government: Municipal Finance Management Act (56/2003): Municipal Budget and Reporting Regulations, Government Gazette 32141,
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Start by gathering historical financial data.
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Estimate future revenue and expenses based on market trends and projections.
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Calculate total revenue and expenses for each period in the medium-term.
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Business owners and managers who want to plan and budget for the future.
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Government agencies and non-profit organizations that require financial planning for sustainability.
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Medium-term revenue and expenditure refers to the projected income and expenses that an organization or government entity expects to incur over a period of several years.
Government entities and organizations that have a specified reporting requirement are required to file medium-term revenue and expenditure.
Medium-term revenue and expenditure should be filled out by providing detailed information on the expected revenues and expenses for the upcoming years.
The purpose of medium-term revenue and expenditure is to provide a financial forecast to help organizations and government entities plan for the future.
Information such as expected sources of revenue, planned expenses, and projected funding requirements must be reported on medium-term revenue and expenditure.
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