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This document authorizes the designation, carry-over, transfer, and reappropriation of specified funds from the 2012 budget to the 2013 budget for Manitowoc County, detailing various fund balances
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How to fill out resolution authorizing fund balance

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How to fill out Resolution Authorizing Fund Balance Designations, Carry-Over, Transfer, and Reappropriation

01
Step 1: Gather all relevant financial data regarding fund balances.
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Step 2: Determine the specific designations needed for fund balances.
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Step 3: Identify any carry-over funds from previous fiscal periods.
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Step 4: Assess any necessary transfers required between funds.
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Step 5: Calculate any appropriations that need to be reauthorized.
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Step 6: Complete the Resolution form with the gathered data.
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Step 7: Obtain the necessary approvals from relevant parties.
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Step 8: Submit the resolution for formal adoption by the governing body.

Who needs Resolution Authorizing Fund Balance Designations, Carry-Over, Transfer, and Reappropriation?

01
Local government entities managing public funds.
02
Non-profit organizations handling designated fund accounts.
03
Educational institutions needing to manage their budgets effectively.
04
Any organization that requires transparency in financial management.
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It is a formal document that allows governmental entities to designate how funds from previous budgets will be managed, including their carry-over into future periods, transfer between accounts, and reappropriation for different purposes.
Typically, governmental organizations, such as municipal or state governments, and other public entities that manage budgetary funds are required to file this resolution.
The resolution should be filled out by providing information about the fund balances, specifying amounts for carry-over, detailing any transfers between funds, and indicating how funds will be reappropriated, requiring signatures from relevant officials.
The purpose is to ensure proper accounting and financial management by allowing governmental entities to officially manage their funds, ensuring compliance with budgetary laws and enhancing transparency.
Information required includes details of the funds involved, amounts to be designated for carry-over, specifics of any transfers or reappropriations, and relevant dates, along with signatures of responsible parties.
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