This bingo card has a free space and 29 words: GO Bonds are required to have separate debt service fund, Resolution adopting budget to include total budget amount, Add collection rate to property tax estimates, Budget committee cannot deliberate before first mtg, Publish budget committee mtg x2, Governing body acts as the budget committee, Post-adoption changes must be for unforeseen circumstances, Must have quorum to hold budget hearing, 5 to 30 days before meeting publish in paper, Budget Committee members must be qualified voters, Special payments get their own appropriation, Budget must be adopted by July 1, Financial summary of Approved Budget must be published, Have someone review your resolution, Debt service gets its own appropriation, Governing body can't increase tax rate (except...), You cannot spend directly from contingency, Budget principal and interest separately, Common Error: Excessive fund balance in GO Bond fund, Budget committee sets the tax rate, File resolutions and ED-50 by July 15, Proposed budget includes budget message and details sheets, Must accept comment at budget hearing, Quorum is more than half of membership, No Contingencies in Debt Funds, Appropriations are legal authority to spend public $, Increasing fund more than 10% = supplemental budget requirement, General Fund is for unrestricted revenues and Include FTE tally in personnel services cost.
Budget Law Bingo | Budget Law Bingo | Budget Law Bingo | Budget Law Bingo | Budget Law Bingo
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