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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.Capital and Debt Answer the following questions: Does the budget document include budgeted capital expenditures even if these are authorized in a separate capital budget Does the document describe whetherand to what extentsignificant and nonroutine capital expenditures or other major capital spending will affect the entity's current and future operating budget? Are financial data on current debt obligations provided, describing the relationship between current debt levels and legal debt limits and explaining the effects of existing debt levels on current and future operations?
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