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BOROUGH COUNCIL BUDGET WORK SESSION FEBRUARY 28, 2023 @ 7:00 PM AGENDA Tuesday, February 28, 2023, at 7:00 PM Online via Zoom CALL TO ORDER Mayor Davy ROLL CALL Borough Clerk Betty Sterling Agarose;
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How to fill out borough council - budget
How to fill out borough council - budget
01
Gather all relevant financial information including revenue, expenses, and any projected increases or decreases.
02
Review previous budgets to understand the budgeting process and any ongoing projects or expenses.
03
Meet with department heads to discuss their budget needs and any potential changes or challenges.
04
Allocate funds to different departments based on their budget proposals and priorities.
05
Review and adjust the budget as needed to ensure it is balanced and meets the financial goals and obligations of the borough council.
06
Present the budget to the council for approval and make any necessary revisions based on their feedback.
Who needs borough council - budget?
01
The borough council members, as they are responsible for overseeing the financial management of the borough.
02
The borough's finance department, as they are responsible for creating and managing the budget.
03
Taxpayers and residents of the borough, as they have a stake in how their tax dollars are being allocated and spent.
04
Local businesses and organizations that receive funding or services from the borough council, as the budget affects their operations and services.
05
Auditors and government agencies that oversee the borough council's finances, as they need the budget to ensure transparency and compliance with regulations.
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What is borough council - budget?
The borough council budget is the financial plan outlining the expected revenue and expenses for a specific period of time within a borough.
Who is required to file borough council - budget?
The borough council or governing body of the borough is required to file the council budget.
How to fill out borough council - budget?
The borough council budget can be filled out by listing all expected revenue sources and detailing all planned expenses for the upcoming period.
What is the purpose of borough council - budget?
The purpose of the borough council budget is to provide transparency on the financial decisions and priorities of the borough government.
What information must be reported on borough council - budget?
The borough council budget must report all revenue sources, expenses, planned projects, and any proposed changes in taxation.
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