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ST. PETERSBURG CITY COUNCIL BUDGET, FINANCE & TAXATION COMMITTEE June 11, 2020 8:00 a.m. Welcome to the City of St. Petersburg City Council Budget, Finance and Taxation Committee Meeting. A copy of
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Gather all necessary financial information and documents related to the budget.
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Start by identifying the revenue sources for the budget, such as taxes, grants, and fees.
03
Determine the expenditure categories for the budget, such as public services, infrastructure, and administration.
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Allocate funds to each expenditure category based on their importance and priority.
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Set budgetary targets and goals for each expenditure category.
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Ensure that the budget adheres to financial guidelines and regulations.
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Review and make adjustments to the budget as necessary.
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Seek input and feedback from relevant stakeholders, such as council members, department heads, and residents.
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Present the budget to the Petersburg City Council for approval.
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Monitor and track the budget throughout the fiscal year to ensure adherence and make any necessary modifications.

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The Petersburg City Council, as the governing body of the city, needs the city council budget to effectively allocate resources, make informed financial decisions, and prioritize expenditures. The budget helps them understand the financial health of the city and plan for future projects and initiatives.
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The Petersburg City Council budget is the financial plan that outlines the government's expected revenues and expenditures for a specific fiscal year in Petersburg, Virginia.
The Petersburg City Council, along with various city departments and agencies that manage public funds, are required to file the budget.
Filling out the Petersburg City Council budget involves gathering financial data, estimating revenues and expenditures for each department, and submitting the completed budget proposal to the City Council for approval.
The purpose of the Petersburg City Council budget is to provide a financial framework for the city’s operations, ensuring that resources are allocated efficiently to meet community needs and governmental obligations.
The Petersburg City Council budget must report detailed financial projections, including revenue sources, departmental expenditures, funding for capital projects, and anticipated budget surpluses or deficits.
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