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THE CORPORATION OF THE MUNICIPALITY OF PORT HOPE Committee of the Whole Agenda Town Hall, 56 Queen St DATE: Tuesday, November 15, 20116:00 p.m. Public Meeting (ZB072011) Time: 7:00 p.m. Page CALL
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What is general government and finance?
General government and finance refers to the accounting and reporting of financial information related to government entities and their operations.
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Government entities such as municipalities, counties, states, and federal agencies are required to file general government and finance reports.
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General government and finance reports are typically filled out by accounting professionals who are familiar with governmental accounting standards.
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The purpose of general government and finance reports is to provide transparency and accountability in the financial operations of government entities.
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Information such as revenues, expenditures, assets, liabilities, and fund balances must be reported on general government and finance reports.
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