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This document is a financial reporting form for cities and towns in Wyoming, detailing their revenues, expenditures, intergovernmental revenue, cash assets, and debts for the fiscal year ending June
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How to fill out annual city and town
How to fill out Annual City and Town Financial Report
01
Gather all financial data for the fiscal year, including revenues and expenditures.
02
Complete the introductory section of the report by providing city or town identification information.
03
Fill out the revenue section by categorizing all sources of income, such as taxes, grants, and fees.
04
Document all expenditures in detail, ensuring each category is clearly defined (e.g., public safety, public works).
05
Include any outstanding debts or financial obligations.
06
Prepare the capital assets section, detailing major purchases or investments made during the year.
07
Review the report to ensure accuracy and completeness.
08
Submit the report by the specified deadline to the appropriate state department.
Who needs Annual City and Town Financial Report?
01
Local government officials responsible for budgeting and financial management.
02
State agencies that require financial accountability and transparency from municipalities.
03
Citizens who want to understand how their local government manages public funds.
04
Auditors and financial analysts who assess the financial health of the city or town.
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What is Annual City and Town Financial Report?
The Annual City and Town Financial Report is a financial statement that provides a comprehensive overview of the financial activities and condition of a city or town over the course of a fiscal year.
Who is required to file Annual City and Town Financial Report?
All cities and towns, typically including municipalities that are incorporated and receive state funding, are required to file the Annual City and Town Financial Report.
How to fill out Annual City and Town Financial Report?
To fill out the Annual City and Town Financial Report, municipalities need to gather financial data including revenues, expenses, assets, and liabilities for the fiscal year and complete standardized forms provided by state authorities.
What is the purpose of Annual City and Town Financial Report?
The purpose of the Annual City and Town Financial Report is to provide transparency and accountability regarding the financial management of municipal funds, aiding in informed decision-making by stakeholders.
What information must be reported on Annual City and Town Financial Report?
The report must include information such as the city's or town's revenue sources, expenditures, budget comparisons, asset and liability balances, and any notes related to significant financial policies or changes.
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