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Dec15 Form 635.1 Department of Management 1 35330 Adoption of Budget and Certification of City Taxes FISCAL YEAR BEGINNING JULY 1, 2016, ENDING JUNE 30, 2017, The City of: County Name: Alexander Resolution
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Adoption of budget is the process of formally approving a budget by a governing body or organization.
Government agencies, non-profit organizations, and businesses are required to file adoption of budget.
Adoption of budget is usually filled out by providing a detailed breakdown of expected revenue and expenses for a specific period.
The purpose of adoption of budget is to establish a financial plan for an organization and to ensure that resources are allocated appropriately.
Information such as projected revenue, anticipated expenses, funding sources, and budget allocations must be reported on adoption of budget.
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