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STATE OF WISCONSIN STATE ACCOUNTING MANUAL SECTION: V Expenditures EFFECTIVE DATE: July 1, 1999, SUBSECTION: 9 Contingent Funds REVISION DATE: July 1, 1999, SUBJECT: Policy and Procedure PAGE: 1 of
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Contingent fund - general is a reserve of money set aside for unexpected expenses or emergencies.
All organizations or entities that have established a contingent fund - general are required to file.
To fill out contingent fund - general, organizations must provide detailed information about the fund, including its purpose, amount, and any changes in the fund.
The purpose of contingent fund - general is to ensure that organizations have funds available to cover unexpected expenses or emergencies.
The information reported on contingent fund - general may include the purpose of the fund, the amount of the fund, any changes in the fund, and how the fund is managed.
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