Estimated revenues $3,150,000 Revenues $3,190,000 Appropriations $3,185,000 Expenditures $3,175,000 Fund Balance- Unassigned (beginning of the...
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Accounting
Estimated revenues $3,150,000
Revenues $3,190,000
Appropriations $3,185,000
Expenditures $3,175,000
Fund Balance- Unassigned (beginning of the year) $600,000
Budgetary Fund Balance (after FY 2013 budget was recorded) ($35,000)
Did the town of truesdale engage in imprudent budgeting practice by authorizing a great amount of expenditures than revenues estimated for the year, or potentially violate town or state balanced budget laws?
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