Engage in imprudent budgeting practice by authorizing

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Reference no: EM13745280

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 true dale 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?

Reference no: EM13745280

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Engage in imprudent budgeting practice by authorizing : Did the town of true dale 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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