Budget Certificate – Recognition to Local Officials ...United Arab Emirates

Smith County Insider - Local News
Budget Certificate – Recognition to Local Officials
State law requires every county, municipality, and utility district in Tennessee to adopt an annual budget. To be effective, a budget should be adopted prior to the beginning of the fiscal year. The budget should also be based on reliable estimates, structurally balanced, provide for cash liquidity, allow for adequate reserves, monitored throughout the year, and amended as necessary. See our Seven Keys to a Fiscally Well-Managed Government. Local officials that adopt budgets meeting the following specific criteria are awarded an annual certificate from the Comptroller of the Treasury: The budget was adopted on or before the fiscal year end; The budget was filed with our office

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