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This ordinance establishes a capital project fund budget for Stormwater Management Capital Improvements for FY 2017-18, detailing expenditures and revenues.
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What is capital project fund budget?
A capital project fund budget is a financial plan used by governmental entities to account for the acquisition or construction of major capital assets, such as buildings, infrastructure, and other long-term investments.
Who is required to file capital project fund budget?
Typically, governmental entities such as municipalities, counties, and school districts are required to file a capital project fund budget as part of their overall budgeting process.
How to fill out capital project fund budget?
To fill out a capital project fund budget, entities should outline expected revenues and expenditures, categorize projects by priority, and provide detailed descriptions of each project including timelines and funding sources.
What is the purpose of capital project fund budget?
The purpose of a capital project fund budget is to ensure that sufficient funds are allocated for significant investment projects while maintaining fiscal responsibility and planning for future needs.
What information must be reported on capital project fund budget?
Information that must be reported includes project descriptions, estimated costs, funding sources, anticipated revenues, and timelines for project completion.
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