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OVERBORE DISTRICT MUNICIPALITYAdjusted Medium Term Revenue and Expenditure Framework (MORE) ADJUSTMENT BUDGET: 2020/2021 2022/2023ADJUSTMENT BUDGET MORE 2020/21 2022/2023ContentsGlossary ..........................................................................................................................
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Adjusted medium term revenue refers to the projected earnings that have been modified to account for various financial and economic factors, providing a more accurate forecast over a specified period.
Businesses and entities that are obligated to report their financial projections and performance, usually those seeking funding or involved in regulatory compliance, are required to file adjusted medium term revenue.
To fill out adjusted medium term revenue, an entity must gather financial data, calculate expected revenues over the medium term, adjust for anomalies or one-time revenues, and present this information in the required reporting format.
The purpose of adjusted medium term revenue is to provide stakeholders with a realistic view of an entity's financial performance and projections, enabling better decision-making and investment strategies.
Information that must be reported includes projected revenue figures, adjustments made to previous estimates, economic assumptions, and any relevant financial metrics.
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