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  3. estimated revenues $3,150,000 revenues $3,190,000

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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