An Introduction to Financial Sacrifice — Page 51
51 (iii) Details of the expected expenditure of the Establishment. (iv) Details of expected expenditure in the form of Rent/Rates/Taxes. (v) Details of the Contingency Reserve (if any). (vi) Details of the Repayment of Loan (if any). (vii) Details of grants given to branches. (viii) Details of Development Expenditure. Under Development Expenditure, attach the plan for next full year, as to how many building/mosques are intended to be built during the year and what is the estimated cost. This estimate should be included in the budget and approval should be sought from Markaz. Similarly, details of all expected expenditure should be given in each category of development expenditure. For instance, details of vehicles, furniture and office equipment should be enclosed. If a reserve fund is needed for the purchase of such items, its details should also be given. In short, a detailed plan regarding development expenditure should be sent along with the budget. 8. If the budget being presented is a deficit budget, explanation should be given as to how this deficit is intended to be made up (whether through Central Reserve or Grant from Markaz ). 9. If a surplus budget is presented, the surplus amount shall go into the central reserve account. This surplus will be considered only, after the share of Markaz from the Chandas collected each month has been deposited in the Central Reserve). The amount which remains unspent on 30 th June shall also be deposited in the Central Reserve.