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Projected Budget Report Local Unit Name: Local Unit Code: Current Fiscal Year End Date: Fund Name:City of Wayland .032060 6/30/2017 General Concurrent Year BudgetREVENUESPercentage ChangeProperty
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What is state revenue sharing?
State revenue sharing is a process in which the state government shares a portion of its revenue with local governments to provide funding for various public services and programs.
Who is required to file state revenue sharing?
Local government entities such as cities, counties, and municipalities are typically required to file state revenue sharing.
How to fill out state revenue sharing?
State revenue sharing is usually filled out using specific forms provided by the state government. Local government entities must accurately report their revenue and expenses to determine the amount of revenue sharing they are eligible for.
What is the purpose of state revenue sharing?
The purpose of state revenue sharing is to support local governments in funding essential public services such as education, public safety, transportation, and infrastructure.
What information must be reported on state revenue sharing?
Local government entities must report their revenue sources, expenses, and any other relevant financial information to determine their eligibility for state revenue sharing.
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