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UGU DISTRICT MUNICIPALITYCONSOLIDATED MONTHLY BUDGET STATEMENT FOR THE PERIOD ENDED 30 APRIL 2024Prepared By: Budget and Treasury Office1 | Pa g table OF CONTESTANT 1 IN-EAR REPORT 1. 2. 3. 4. 5. 6.
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The draft budget for the fiscal year 2023-2024 is a preliminary financial plan that outlines the estimated revenues and expenditures for the period, helping organizations and governments plan their financial activities.
Typically, government entities, municipalities, non-profit organizations, and businesses that are required to report their financial forecasts are mandated to file the draft budget for 2023-2024.
To fill out the draft budget for 2023-2024, organizations should outline their projected income, categorize expenses, allocate funds for various projects, and ensure compliance with relevant regulations and standards.
The purpose of the draft budget 2023-2024 is to provide a framework for financial planning, facilitate decision-making, ensure resource allocation, and achieve fiscal accountability.
The draft budget should report projected revenues, estimated expenditures, budget assumptions, funding sources, and potential financial risks associated with the budget.
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