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GLendaL9P California JointflCITY OF GLENDALE, CALIFORNIA REPORT TO THE: Housing Authority U Successor AgencyCity Council Oversight BoardUAugust 13, 2019 AGENDA ITEM Report: Amendment to City/FFA Memorandum
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What is alecbudgettoolkit balanced budget amendment?
The alecbudgettoolkit balanced budget amendment is a proposed amendment that aims to require the government to have a balanced budget, meaning that its total revenues must be equal to or greater than its total expenditures.
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Government officials and agencies are required to file the alecbudgettoolkit balanced budget amendment.
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To fill out the alecbudgettoolkit balanced budget amendment, one must provide detailed information on revenue sources, expenditures, and any proposed changes to ensure a balanced budget.
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The purpose of the alecbudgettoolkit balanced budget amendment is to promote fiscal responsibility and prevent deficits by requiring the government to operate within its means.
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Information such as revenue projections, expenditure breakdowns, proposed budget cuts or increases, and any additional funding sources must be reported on the alecbudgettoolkit balanced budget amendment.
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