Examples of Projected fund balance in a sentence
Projected fund balance can be characterized as “Reserve for contingencies” in 2010-11 of 5.5%.
Projected fund balance at the end of the fiscal year is always relied upon to fund the following year’s budget, and there will surely be less balance at the end of this current fiscal year than there has been in years.Assessed property values and property taxes may have negative growth next fiscal year.
Projected fund balance is projected at $326,000 for next year.ADMINISTRATOR REPORTS• Road to Re-Entry is being studied.
Highlights included:• Projected fund balance including 2021 and 2022 budgeted activity.• 2022 tax impact showing potential tax impact based on the proposed preliminary levy• Information on potential road candidates for overlays• Revisions and adjustments made since the previous budget work session• The road overlay plan spreadsheet update MacGregor asked when the Council will get the update report on the roads and if it will align with the preliminary budget numbers for 2022.