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AGENDA ITEM 6b Treasure Island Development Authority City and County of San Francisco Meeting of September 11, 2024Subject:Resolution Approving Fiscal Year 2024/25 Minimum Monthly Rental Rate Schedule,
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How to fill out resolution approving fiscal year

01
Gather all necessary financial data for the fiscal year.
02
Review the budget proposal and make any necessary adjustments.
03
Draft the resolution document, including key elements like the fiscal year dates and overall budget amounts.
04
Present the resolution to the governing board or committee for discussion.
05
Incorporate any feedback from board members and make revisions as needed.
06
Schedule a vote on the resolution to approve the fiscal year.
07
Document the outcome of the vote and finalize the resolution.
08
Distribute the approved resolution to relevant stakeholders.

Who needs resolution approving fiscal year?

01
The governing board or committee responsible for budget approval.
02
Financial officers and department heads who oversee fiscal management.
03
Employees and stakeholders who are affected by the budget and fiscal year's allocations.
04
Auditors or regulatory bodies requiring documentation of fiscal responsibility.
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A resolution approving the fiscal year is an official document that confirms the start and end dates of a fiscal year for an organization, allowing for budget planning and financial reporting.
Typically, organizations such as corporations, non-profits, and government entities are required to file a resolution approving the fiscal year as part of their governance and compliance processes.
To fill out a resolution approving fiscal year, include the organization's name, the specific start and end dates of the fiscal year, a declaration that the fiscal year is approved, and signatures from authorized members or officers.
The purpose of the resolution is to formally establish the fiscal year for the organization, enabling proper budget preparation, financial audits, and compliance with regulatory requirements.
The information that must be reported includes the organization's name, the designated fiscal year dates, a statement of approval, and the dates and signatures of officials who approved the resolution.
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