Queensland Consolidated Acts Queensland Consolidated Acts(1) In framing its budget, the Aboriginal council is to estimate for the current year--
(a) the amounts to be disbursed upon the several works, matters and things to which the general fund is applied; and
(b) the amounts expected to be received from the general rate and all other moneys to be paid into the general fund.
(2) The estimates of receipts are to be set out as nearly as may be separately in accordance with the several sources of receipts and disbursements and as nearly as may be in accordance with each particular function, and where receipts and disbursements are for corresponding functions, such receipts and disbursements are to be set out opposite each other in the budget.
(3) The Aboriginal council is, subject to this Act, to observe the budget by taking all reasonable steps to expend moneys in accordance with the budget and to ensure a balanced budget.
(4) If, at the end of a year, there is a surplus or deficit in the general fund, the surplus or deficit must be carried forward and taken into account by the Aboriginal council--
(a) in framing the budget for the next year; and
(b) in making and levying rates and charges for the next year.