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This document serves as an annual financial report for the City of Franklin, detailing receipts, disbursements, and cash balances for the fiscal year ending in 2009.
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How to fill out CTAR-1 ANNUAL CITY AND TOWN FINANCIAL REPORT

01
Collect all financial data for the fiscal year.
02
Organize revenue and expenditure information by category.
03
Fill out the identification section with the city or town's name, fiscal year, and contact information.
04
Enter total revenues in the designated fields, noting the sources of income.
05
Record total expenditures, categorizing them as required (e.g., public safety, education, etc.).
06
Calculate and enter any surplus or deficit based on revenues and expenditures.
07
Complete any additional sections required, including capital projects and debt obligations.
08
Review all entries for accuracy and completeness.
09
Submit the report by the specified deadline.

Who needs CTAR-1 ANNUAL CITY AND TOWN FINANCIAL REPORT?

01
Municipal government officials
02
City and town councils
03
Financial auditors
04
State regulatory agencies
05
Taxpayer associations
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The balance sheet, income statement, and cash flow statement each offer unique details with information that is all interconnected. Together the three statements give a comprehensive portrayal of the company's operating activities.
The Popular Annual Financial Report is a short summary of the City's financial activities. This report is aims to inform the public about the City's financial condition, without excessive detail or the use of technical accounting terms.
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CTAR-1 ANNUAL CITY AND TOWN FINANCIAL REPORT is a financial document that municipalities in certain regions are required to submit annually, outlining their financial activities and positions for the fiscal year.
All cities and towns within the jurisdiction required to report on their financial status are mandated to file the CTAR-1 report annually.
To fill out the CTAR-1 report, municipalities must gather their financial data for the fiscal year, including revenues, expenses, and other relevant financial information, and input this data into the designated sections of the report as per the guidelines provided by the issuing authority.
The purpose of the CTAR-1 report is to provide transparency regarding the financial status of municipalities, ensure accountability in public financial management, and facilitate state oversight of local government finances.
The CTAR-1 report must include information such as total revenues, total expenditures, fund balances, indebtedness, and any other financial activities relevant to the municipality's fiscal operations during the reporting period.
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