This bingo card has a free space and 29 words: Include FTE tally in personnel services cost, Common Error: Excessive fund balance in GO Bond fund, Add collection rate to property tax estimates, Budget committee cannot deliberate before first mtg, General Fund is for unrestricted revenues, Governing body acts as the budget committee, Ending Fund Balance use is restricted, Increasing fund more than 10% = supplemental budget requirement, No Contingencies in Debt Funds, Budget Committee members must be qualified voters, Special payments get their own appropriation, Appropriations are legal authority to spend public $, Financial summary of Approved Budget must be published, Must have quorum to hold budget hearing, TSCC review required by law for member districts, Governing body can't increase tax rate (except...), You cannot spend directly from contingency, Budget principal and interest separately, Resolution adopting budget to include total budget amount, File resolutions and ED-50 by July 15, Budget committee sets the tax rate, Have someone review your resolution, Must accept comment at budget hearing, Quorum is more than half of membership, Post-adoption changes must be for unforeseen circumstances, Debt service gets its own appropriation, Publish budget committee mtg x2, Proposed budget includes budget message and details sheets and GO Bonds are required to have separate debt service fund.
Budget Law Bingo | Budget Law Bingo | Budget Law Bingo | Budget Law Bingo | Budget Law Bingo
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