Question
Obtain a copy of the City of Orlando government's annual operating budget document from its Web site. This Web page provides a copy of this
Obtain a copy of the City of Orlando government's annual operating budget document from its Web site. This Web page provides a copy of this budget. Familiarize yourself with the organization of the operating budget document; read the letter of transmittal or any narrative that accompanies the budget.Financial Summaries Answer the following questions: Does the document present a summary of major revenues and expenditures, as well as other financing sources and uses? Does the document include summaries of revenues, other financing sources, and expenditures and other financing uses for prior-year actual, current-year budget or estimated current-year actual, and proposed budget year? Does the document include projected changes in fund balances for governmental funds covered in the budget presentation, including all balances potentially available for appropriation? Are major revenue sources described? Does the budget document explain long-range financial plans and potential impacts on the budget and budgeting process?
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