Every state has a law(s) regulating its own budgetary practices and those of its local governmental units.

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Every state has a law(s) regulating its own budgetary practices and those of its local governmental units. Check the law(s) of your state to determine the following:

1. For what funds must budgets be prepared?

2. Must governmental budgets prepared in your state be “balanced”? If so, what does your state law consider to be a balanced budget?

3. What legal provisions are made for public input into the budgetary process in your state?

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Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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Question Posted: Jun 05, 2015 09:58 AM

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Every state has a law(s) regulating its own budgetary practices and those of its local governmental units.

Question:

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Introduction to Governmental and Not for Profit Accounting

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