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CITY OF ANNAPOLIS COMMUNITY DEVELOPMENT BLOCK GRANT (CBG) Application and Guidelines Local Fiscal Year 2013 JOSHUA J. COHEN MAYOR JON ARSON PLANNING DIRECTOR COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM
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Gather all financial records and documents from the specified fiscal year.
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Review and organize the records, ensuring that all expenses, income, assets, and liabilities are accurately documented.
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Calculate the total revenue and expenses for the fiscal year.
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Prepare financial statements such as the balance sheet and income statement.
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The local fiscal year is a 12-month period used for accounting and financial reporting purposes by local governments and organizations.
Local governments, public institutions, and organizations are required to file a local fiscal year.
Filling out the local fiscal year typically involves gathering financial data, preparing financial statements, and submitting them to the relevant authorities.
The purpose of the local fiscal year is to track and report financial activities specific to a particular local government or organization within a defined period.
The information to be reported on the local fiscal year may include income, expenses, assets, liabilities, and any other financial data relevant to the operations of the local government or organization.
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