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TOWN OF ELIZABETHTOWN BUDGET ORDINANCE FY 2024 2025BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF ELIZABETHTOWN, NORTH CAROLINA THAT: Section 1: The following amounts are hereby appropriated to
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Any entity that needs to establish a formal budget for financial planning and decision making purposes
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Budget ordinance, also known as budget resolution, is a legislative document that authorizes the expenditure of funds for a specific period.
The government body or organization responsible for creating and approving the budget is required to file the budget ordinance.
Budget ordinance is typically filled out by the finance department or budget committee following a detailed review of financial projections and revenue sources.
The purpose of budget ordinance is to establish a plan for spending and allocating funds in accordance with the goals and priorities of the organization.
Budget ordinance must include detailed information on revenue sources, expenditure categories, planned spending amounts, and any restrictions on fund usage.
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