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Public Finance & Budgeting

Teacher: Steven R. Hurley
Horizontales
Budget for daily expenses
Beginning of budget process
Budget for large purchases
Where are excess funds placed at year end
Last step in the budget process
Used to alter an approved budget
What is the goal of a budget
Used to keep order in budget process
Phase for public comment
Verticales
Phase for planning the budget
Votes budget in to law
Process used to estimate revenue
Money reserved for a purchase
Rainy day fund
Used to forecast revenue
Phase the budget is implemented