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DRAFT ANNUAL BUDGET OFSETSOTO LOCAL MUNICIPALITY2012/13 TO 2014/15 MEDIUM TERM REVENUE AND EXPENDITURE FORECASTSTable of Contents 1.1 1.2 1.3 2MAYORS REPORT ................................................................................................................................................3
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General fund revenue refers to the income collected by a government that is used for general expenses and services such as public safety, education, and infrastructure.
Typically, government entities and certain organizations that receive funding from the general fund are required to file general fund revenue.
To fill out the general fund revenue, you need to collect financial information regarding all revenue sources, categorize them appropriately, and report them as per the guidelines provided by the governing authority.
The purpose of general fund revenue is to provide funding for a variety of essential services and programs that benefit the public and ensure the smooth operation of government functions.
Information that must be reported includes total revenue collected, sources of revenue, changes in revenue from previous periods, and any other relevant financial details as required by governing laws.
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