Budget Revision 1 FY2020 for reading

Summary

The Town of Allendale's budget for fiscal year 2019-2020 has been revised, with changes to revenues and expenditures in both the General Fund and the Water & Sewer Fund. The revised budget includes updated figures for various departments and services, such as police, general government, and community development. The budget also accounts for contingency funds and reserve funds, including debt service, depreciation, and contingency accounts. Overall, the revised budget aims to allocate resources effectively and manage the town's finances for the upcoming fiscal year. The budget revision process involved reviewing and adjusting revenue projections and expense allocations to ensure a balanced budget.

Details

Subject

Budget

Summary

The Town of Allendale's budget for fiscal year 2019-2020 has been revised, with changes to revenues and expenditures in both the General Fund and the Water & Sewer Fund. The revised budget includes updated figures for various departments and services, such as police, general government, and community development. The budget also accounts for contingency funds and reserve funds, including debt service, depreciation, and contingency accounts. Overall, the revised budget aims to allocate resources effectively and manage the town's finances for the upcoming fiscal year. The budget revision process involved reviewing and adjusting revenue projections and expense allocations to ensure a balanced budget.

Report Date

2020-01-30

Report Type

budget

Report Title

Budget Fiscal Year 2019-2020 Revision 1

Authoring Body

Town of Allendale

Reporting Period

2019-2020