Elements and Performance Criteria
- Collect and collate relevant data
- Data required for budget preparation is identified and accessed.
- 1.2.Previous budgets and the financial implications of council's current activities and plans are analysed and evaluated.
- Relevant people are consulted and given the opportunity to contribute to the budget planning process.
- Possible changes of circumstance that will impact on the budget are identified.
- Any anomalies in the information received are checked with the appropriate person.
- Justify proposals for expenditure
- Estimates of costs and benefits are made that are supported by valid and relevant information.
- Assessments of alternative courses of action are considered in making the final recommendations.
- Appropriate members of staff are encouraged to contribute to the recommendations.
- The net benefits likely to be achieved from the expenditure are clearly indicated.
- Possible future variations in levels of activity are taken into account.
- Recommendations are presented clearly, concisely and in an appropriate format.
- Where challenges to the proposal are made, further explanation is given to promote acceptance.
- Estimates are compared with actual costs and benefits and used to improve future calculations.
- Seek out alternative or additional financial opportunities
- Effective and comprehensive methods for discovering alternative or additional sources of funding or income are employed.
- Sources of funding or income are assessed to ensure they comply with council objectives and policies.
- Management/council approval for funding submission or income-generating activity is obtained where necessary.
- Funding proposals are prepared and submitted.
- Prepare draft budget for comment
- The draft budget is prepared to accurately reflect the financial requirements of the department, service or council.
- Income and expenditure estimates are clearly identified and are supported by valid, reliable and relevant information.
- The draft budget is prepared consistent with council objectives and ensures the efficient and effective operation of council in the short, medium and long term.
- The draft budget is completed within required time frame.
- The draft budget is circulated to appropriate people for comment.
- Prepare final budget
- Comments on draft budget are considered and relevant people are advised of implications.
- Required modifications to draft budget are agreed and incorporated.
- Proposed budget is completed in required format within required time frame.
- Proposed budget is negotiated through appropriate budgetary meeting.
- Relevant people are informed of budget requirements in a timely and accurate manner.
- Collect and collate relevant data
- Data required for budget preparation is identified and accessed.
- Previous budgets and the financial implications of council's current activities and plans are analysed and evaluated.
- Relevant people are consulted and given the opportunity to contribute to the budget planning process.
- Possible changes of circumstance that will impact on the budget are identified.
- Any anomalies in the information received are checked with the appropriate person.
- Justify proposals for expenditure
- Estimates of costs and benefits are made that are supported by valid and relevant information.
- Assessments of alternative courses of action are considered in making the final recommendations.
- Appropriate members of staff are encouraged to contribute to the recommendations.
- The net benefits likely to be achieved from the expenditure are clearly indicated.
- Possible future variations in levels of activity are taken into account.
- Recommendations are presented clearly, concisely and in an appropriate format.
- Where challenges to the proposal are made, further explanation is given to promote acceptance.
- Estimates are compared with actual costs and benefits and used to improve future calculations.
- Seek out alternative or additional financial opportunities
- Effective and comprehensive methods for discovering alternative or additional sources of funding or income are employed.
- Sources of funding or income are assessed to ensure they comply with council objectives and policies.
- Management/council approval for funding submission or income-generating activity is obtained where necessary.
- Funding proposals are prepared and submitted.
- Prepare draft budget for comment
- The draft budget is prepared to accurately reflect the financial requirements of the department, service or council.
- he draft budget is clear and accurate and presented in an appropriate format.
- Income and expenditure estimates are clearly identified and are supported by valid, reliable and relevant information.
- The draft budget is prepared consistent with council objectives and ensures the efficient and effective operation of council in the short, medium and long term.
- The draft budget is completed within required time frame.
- The draft budget is circulated to appropriate people for comment.
- Prepare final budget
- Comments on draft budget are considered and relevant people are advised of implications.
- Required modifications to draft budget are agreed and incorporated.
- Proposed budget is completed in required format within required time frame.
- Proposed budget is negotiated through appropriate budgetary meeting.
- Relevant people are informed of budget requirements in a timely and accurate manner.