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For what funds must budgets be prepared

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Reference no: EM131701499

Question: (Budget laws) Every state has a law(s) regulating its own budgetary practices and those of its local governmental units. Check the law(s) of your state to determine the following:

1. Are budgets legally required by local governmental units, such as cities and counties, in your state?

2. For what funds must budgets be prepared?

3. Must governmental budgets prepared in your state be "balanced"? If so, what does your state law consider to be a balanced budget?

4. What legal provisions are made for public input into the budgetary process in your state?

Reference no: EM131701499

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