Annual, Revenue & Capital Budget

Annual, Revenue & Capital Budget
12問 • 2年前
  • Thomas Gregory
  • 通報

    問題一覧

  • 1

    What type of planning does the annual budget come under?

    medium to long

  • 2

    What does the revenue budget provide?

    framework for plannning & managing financial services by outlining revenue & expenditures

  • 3

    What does the revenue budget also help prioritise?

    the allocation of resources to its various departments

  • 4

    What does comparing actual revenues & expenditures to the budgeted amounts do?

    provides a basis for evaluating the final performance of the local authority

  • 5

    What does a revenue budget help Local Authorities comply with?

    legal requirements & Financial Regulations

  • 6

    What should a revenue budget include?

    revenue sources - for example taxes, grants & fines/ penalties detailed projections for each revenue source Budget assumption - outlines the methodology behind the projections given Historical data - for comparison purposes uncertainties / risks highlight significant factors influencing revenues - rationale behind projections, address notiable variations / deviances from previous years Summary

  • 7

    What does a capital budget outline?

    planned expenditure

  • 8

    What does a capital budget enable us to do?

    develop infrastructure, allocate funds for the the development, maintenance and improvement of departments outline capital projects that have potential to generate / enhance revenues income

  • 9

    Capital budgets ensure compliance with?

    regulatory requirements & standards related to public infrastructure

  • 10

    What ‘term’ of planning does cpatial budgets come under

    long term

  • 11

    What does a capital budget ensure?

    financial managment, efficient resource allocation& delivery of essential services

  • 12

    What should be included in a capital budget

    Asset Aquasition & Maintenance - budgetary provisions for the aquasition, maintenance & replacement of capital assets Funds earmarked for investment - technology & innovation to improve the efficiency & effectivnes in a local revenues department Long Term Planning - address future capital needs, unexpected expenses etc consultation & stakeholder engagement - helps ensure projects align with the community

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    問題一覧

  • 1

    What type of planning does the annual budget come under?

    medium to long

  • 2

    What does the revenue budget provide?

    framework for plannning & managing financial services by outlining revenue & expenditures

  • 3

    What does the revenue budget also help prioritise?

    the allocation of resources to its various departments

  • 4

    What does comparing actual revenues & expenditures to the budgeted amounts do?

    provides a basis for evaluating the final performance of the local authority

  • 5

    What does a revenue budget help Local Authorities comply with?

    legal requirements & Financial Regulations

  • 6

    What should a revenue budget include?

    revenue sources - for example taxes, grants & fines/ penalties detailed projections for each revenue source Budget assumption - outlines the methodology behind the projections given Historical data - for comparison purposes uncertainties / risks highlight significant factors influencing revenues - rationale behind projections, address notiable variations / deviances from previous years Summary

  • 7

    What does a capital budget outline?

    planned expenditure

  • 8

    What does a capital budget enable us to do?

    develop infrastructure, allocate funds for the the development, maintenance and improvement of departments outline capital projects that have potential to generate / enhance revenues income

  • 9

    Capital budgets ensure compliance with?

    regulatory requirements & standards related to public infrastructure

  • 10

    What ‘term’ of planning does cpatial budgets come under

    long term

  • 11

    What does a capital budget ensure?

    financial managment, efficient resource allocation& delivery of essential services

  • 12

    What should be included in a capital budget

    Asset Aquasition & Maintenance - budgetary provisions for the aquasition, maintenance & replacement of capital assets Funds earmarked for investment - technology & innovation to improve the efficiency & effectivnes in a local revenues department Long Term Planning - address future capital needs, unexpected expenses etc consultation & stakeholder engagement - helps ensure projects align with the community