FY2021 Budget Issues and Other Related Matters
Policy Statement, Accounting Procedure
COVID-19 emergency expenditures free cash retained earnings expiration authorization director appropriate deficit spending 1/12th budget appropriation CARES Act FEMA reimbursement early voting 911 betterment reserve borrowing purposes and terms premiums surplus proceeds debt exclusions revenue notes payment court judgments departmental revolving funds energy generating facilities solar PILOTs enterprise revenue Medicaid receipt pension assessment self-insurance plans employee health advances anticipation issuing debt performance bonds alternative year-end transfer procedure Special Education Reimbursement Fund circuit breaker Regional Transportation Reimbursement Fund grant deficits annual audits excess and deficiency funds balance sheet
St. 2020, c. 53; 44:31; 44:53; 44:53J; 44:7; 44:8; 44:9; 44:10; 44:20; 44:33B; 59:21C(k); 44:53E-1/2; 44:53F-1/2; 59:38H(b); 32:22; 59:23;
This Bulletin addresses several issues that cities, towns, regional school and other districts should consider for FY2021 revenue and expenditure budgeting and other related matters.
In effect FY2021 only.