§ 15.2-2504. What budget to show
Opposite each item of the contemplated expenditures the budget shall show in separate parallel columns the aggregate amount appropriated during the preceding fiscal year, the amount expended during that year, the aggregate amount appropriated and expected to be appropriated during the current fiscal year, and the increases or decreases in the contemplated expenditures for the ensuing year as compared with the aggregate amount appropriated or expected to be appropriated for the current year. This budget shall be accompanied by:
1. A statement of the contemplated revenue and disbursements, liabilities, reserves and surplus or deficit of the locality as of the date of the preparation of the budget; and
2. An itemized and complete financial balance sheet for the locality at the close of the last preceding fiscal year.
(Code 1950, § 15-576; 1959, Ex. Sess., c. 69; 1962, c. 623, § 15.1-161; 1997, c. 587.)
Sections: Previous 15.2-2500 15.2-2501 15.2-2502 15.2-2503 15.2-2504 15.2-2505 15.2-2506 15.2-2507 15.2-2508 15.2-2509 15.2-2510 15.2-2511 15.2-2511.1 15.2-2511.2 15.2-2512 NextLast modified: April 2, 2009