Define Fund Balance
Fund Balance: For accounting aims, the excess of a fund’s assets over its liabilities. And for budgeting aims, the surplus of a fund’s resources over its expenses.
Pro Rata: It is the amount of state administrative costs, paid from General Fund and the Central Service Cost Recovery Fund (example, amounts expended by the central service departments like the State Treasurer's Office, State Controller's Office, Sta
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Judgments: It is generally refers to decisions made by courts against the state. The payment of judgments is subject to a range of controls and procedures.
Local Assistance (LA): The character of expenditures prepared for the support of local government or other locally administered actions.
Define the term State Fiscal Year: This is the period beginning from July 1 and continuing through the subsequent June 30.
Changes in Authorized Positions (“Schedule 2”): This is a schedule in the Governor’s Budget which reflects staffing changes made following to the adoption of the present year budget and enacted legislation. This planned document modi
How is finance associated to the fields of economics and accounting?
I have to explain Financial crisis of India during 1997. Can someone help me in this question ?
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