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Special City Council Meeting Agenda Thursday, February 7, 2019 4:00 p.m. Council Chambers, Guelph City Hall, 1 Garden Street Please turn off or place on nonaudible all electronic devices during the

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What is tax supported operating budget?

A tax supported operating budget is a financial plan that outlines the expected revenues and expenditures for government services funded by taxpayer dollars.

Who is required to file tax supported operating budget?

Government entities, such as municipalities, counties, and certain state agencies, are required to file a tax supported operating budget.

How to fill out tax supported operating budget?

To fill out a tax supported operating budget, necessary financial data is compiled, revenue sources are estimated, expenditures are detailed, and the document is formatted according to regulatory guidelines.

What is the purpose of tax supported operating budget?

The purpose of a tax supported operating budget is to provide a framework for the allocation of financial resources to deliver public services effectively and ensure accountability to taxpayers.

What information must be reported on tax supported operating budget?

Information that must be reported includes projected revenues, planned expenditures, budgets for specific departments, and any necessary financial explanations or justifications.

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