Bottomline surplus/deficit amount for Departmental Budget needs to align to the the approved Budget envelopFrom now on, we are doing three year budget. Current year budget is done via entries to various input templates. The next two year budget is done at high-levelfor the year
If the Forecast surplus/deficit for the year is expected to vary unfavourably from the approved Budget, the variation needs to be discussed and approved by the CFO.
Departments can also request a Capex budget Forecast through project template. The request will be subject to CFO review and approval
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