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WORK SESSION 6 P.M. RE: GENERAL FUND BUDGET CLOSED SESSION PER M.S. 13.D.05 re: purchase or sale of real property REGULAR WASECA CITY COUNCIL MEETING TUESDAY, SEPTEMBER 7, 2021 7 p.m. AGENDA 1CALL
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The general fund budget is a financial plan that outlines the expected revenues and expenditures for a specific period, typically one fiscal year.
Government entities, such as state or local governments, are required to file the general fund budget.
To fill out the general fund budget, officials must gather information on projected revenues and planned expenditures, and then document these figures in the budget document.
The purpose of the general fund budget is to provide a roadmap for financial decision-making and ensure that government entities operate within their means.
The general fund budget must report on expected revenues from taxes, fees, and other sources, as well as planned expenditures on services, programs, and debt payments.
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