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City of Jonesboro Financial Statements Overview December 2021Overview of All Funds State Mandated Funds Year to Date Actual Revenue $ 63,245,816 $ Expense 62,846,417 Surplus (Deficit) $ 399,398 $Budget
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State mandated funds refer to financial resources that are legally required to be allocated for specific purposes as outlined by state laws or regulations.
Entities or organizations that receive state funding or are required to comply with state regulations regarding funding allocations are typically required to file state mandated funds.
To fill out state mandated funds, one should carefully follow the instructions provided on the official form, ensuring that all required information is accurately entered and any necessary documentation is attached.
The purpose of state mandated funds is to ensure that resources are allocated to essential programs or services as outlined by state legislation, supporting public welfare and compliance with governmental directives.
The information that must be reported often includes financial data, expenditure details, program descriptions, and compliance with applicable regulations and guidelines set by the state.
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