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11/24/2021 14:33 jengroff PROJECTION: 20221|CITY OF MEQUON |NEXT YEAR / CURRENT YEAR BUDGET ANALYSIS|P 1 |bgnyrpts2022 GENERAL AND DEBT SERVICE FUNDSFOR PERIOD 99ACCOUNTS FOR: 2020 2021 2021 2021
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The city budget for Mequon, Wisconsin, is a financial plan that outlines the city's expected revenues and expenditures for a fiscal year, detailing how public funds will be allocated to various departments and services.
City officials, including the mayor and city council members, are typically required to compile and file the city budget for review and approval.
Filling out the city budget involves gathering financial data, estimating revenue sources, projecting expenditures for different departments, and following specific municipal guidelines to ensure compliance with local government regulations.
The purpose of the city budget is to provide a financial framework for city operations, ensuring that funds are allocated effectively to meet community needs and services, while also promoting transparency and accountability.
The city budget must report on projected revenues, planned expenditures, departmental budgets, and any proposed changes in tax rates or funding allocations.
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