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MEMORANDUM Agenda Item No. *TO:Honorable Chairman Jose \” Pepe\” Diaz and Members, Board of County CommissionersDATE:0DUFK, 2021FROM:Germ BonzonKeenan County AttorneySUBJECT:Resolution approving
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How to fill out resolution approving fiscal year

01
Review the proposed budget for the fiscal year
02
Schedule a meeting where the resolution will be discussed and voted on
03
Open the meeting and present the resolution to the board or relevant stakeholders
04
Allow for discussion and address any questions or concerns
05
Call for a vote on the resolution
06
Record the results of the vote and officially approve the fiscal year

Who needs resolution approving fiscal year?

01
Organizations, businesses, and government entities that operate on a fiscal year budget
02
Board of directors, shareholders, or stakeholders who have a vested interest in the financial operations of the entity
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A resolution approving fiscal year is a formal document adopted by an organization or governmental body that outlines the designated fiscal year period for budgeting and financial planning purposes.
Organizations, including governmental entities, that operate with an established fiscal year must file a resolution approving the fiscal year to ensure compliance with legal and financial regulations.
To fill out a resolution approving fiscal year, include the name of the organization, the proposed fiscal year dates, a statement of approval by relevant authorities, and any additional provisions as required by law or policy.
The purpose of a resolution approving fiscal year is to officially designate the time frame for conducting financial operations and budgeting, providing a clear guideline for financial planning and reporting.
The resolution must report the fiscal year start and end dates, the approving authority or governing body, and any specific terms or conditions related to the fiscal year.
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