Understanding the Budget Process - New York State Comptroller
Office of the NEW YORK STATE
COMPTROLLER
Local Government Management Guide
Understanding the Budget Process
New York State Comptroller
THOMAS P. DiNAPOLI
JULY 2016
Table of Contents
Who is Responsible?............................................................................................................ 2 Information Used to Prepare the Budget.............................................................................. 3 Budget Preparation Process................................................................................................. 4 Putting the Tentative Budget Together.................................................................................. 6 Implementing the Budget...................................................................................................15 Monitoring the Budget.......................................................................................................16 Conclusion.........................................................................................................................17 Appendix A........................................................................................................................18 Appendix B........................................................................................................................19 Appendix C....................................................................................................................... 24 Appendix D....................................................................................................................... 25 Central Office Directory.....................................................................................................26 Regional Office Directory...................................................................................................27
Understanding the Budget Process
This guide is a resource for those governing bodies and officials who are responsible for preparing, developing, and monitoring the annual budget. The information contained in this guide will be helpful to chief executive officers, budget officers, business officials, finance officers, department heads, board members, and the public. This guide provides the groundwork for the development, preparation, and monitoring of the annual budget.
An annual budget, sometimes referred to as the operating budget, is the document that details the financial plan of the local government or school district for a fiscal year. The annual budget is perhaps an entity's most vital document and should be developed using all of the most current and accurate information available. The budget is not just a financial plan; it also has legal implications, which are delineated in the "Implementing the Budget" section of this guide. Furthermore, the budget process does not end with the adoption of the budget. Instead, the budget is a document that must be monitored and amended from time to time, as needed.
The following is an overview of the information contained in this guide:
? Who is Responsible? ? Information Used to Prepare the Budget ? Budget Preparation Process ? Putting the Tentative Budget Together ? Implementing the Budget ? Monitoring the Budget
In addition, the appendices to this guide include the following important information: designation of the budget officer (Appendix A), budget calendars for various localities (Appendix B), contingency limitations (Appendix C), and definition of terms (Appendix D).
This guide provides the groundwork for the development, preparation, and monitoring of the annual budget.
Division of Local Government and School Accountability
1
Office of the State Comptroller
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- the condominium act
- finding name and address of building owner of record or
- nycha property directory development guide
- archway phone directory by first name updated december
- bellevue hospital center welcome to
- new york ci ty law department welcome to
- housing manager s procedures manual
- understanding the budget process new york state comptroller
- county of san diego housing and community development
Related searches
- new york state office of the professions
- new york state department of the professions
- new york state department of state licensing
- new york state comptroller unclaimed funds
- new york state dept of state licensing
- new york state healthy new york
- new york state department of state ny
- new york state department of state corporate
- new york state department of state search
- new york state new labor law
- new york state of health the exchange
- new york state of the states