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11-43C-44
each public utility. The general fund budget shall be prepared in accordance with accepted
principles of municipal accounting and budgetary procedures and techniques, and shall show:
(1) Such portion of the general fund cash surplus as it is estimated will exist, at the end
of the current fiscal year, and is proposed to be used for meeting expenditures in the general
fund budget for the ensuing year; (2) An estimate of the receipts from current ad valorem
taxes on real estate and tangible personal property during the ensuing fiscal year,
assuming that the percentage of the levy collected be no greater than the average percentage
of the levy collected in the last three completed tax years; (3) An estimate of receipts from
all other sources of revenue, provided that the estimated receipts from each such source shall
not exceed the percentage of estimated revenue in the current fiscal year from the same source
over the amount of the revenue received from the same source in the last...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43C-44.htm - 2K - Match Info - Similar pages
11-44C-44
each public utility. The general fund budget shall be prepared in accordance with accepted
principles of municipal accounting and budgetary procedures and techniques, and shall show:
(1) Such portion of the general fund cash surplus as it is estimated will exist, at the end
of the current fiscal year, and is proposed to be used for meeting expenditures in the general
fund budget for the ensuing year; (2) An estimate of the receipts from current ad valorem
taxes on real estate and tangible personal property during the ensuing fiscal year,
assuming that the percentage of the levy collected be no greater than the average percentage
of the levy collected in the last three completed tax years; (3) An estimate of receipts from
all other sources of revenue, provided that the estimated receipts from each such source shall
not exceed the percentage of estimated revenue in the current fiscal year from the same source
over the amount of the revenue received from the same source in the last...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-44C-44.htm - 2K - Match Info - Similar pages
45-37A-52.123
each public utility. The general fund budget shall be prepared in accordance with accepted
principles of municipal accounting and budgetary procedure and techniques, and shall show:
(1) Such portion of the general fund cash surplus as it is estimated shall exist, at the end
of the current fiscal year, and is proposed to be used for meeting expenditures in the general
fund budget for the ensuing year. (2) An estimate of the receipts from current ad valorem
taxes on real estate and tangible personal property during the ensuing fiscal year,
assuming that the percentage of the levy collected be no greater than the average percentage
of the levy collected in the last three completed tax years. (3) An estimate of receipts from
all other sources of revenue, provided that the estimated receipts from each such source shall
not exceed the percentage of estimated revenue in the current fiscal year from the same source,
over the amount of the revenue received from the same source, in the last...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-52.123.htm - 2K - Match Info - Similar pages
45-37A-52.124
Section 45-37A-52.124 A balanced budget. In no event shall the expenditures recommended by
the mayor in the general fund budget exceed the receipts estimated, taking into account the
estimated cash surplus or deficit at the end of the current fiscal year, as provided in the
preceding section, unless the mayor shall recommend an increase in or levy of new or increased,
taxes or licenses within the power of the city to levy and collect in the ensuing fiscal year,
the receipts from which, estimated on the basis of the average experience with the same or
similar taxes during the three full tax years last past, shall make up the difference. If
estimated receipts exceed estimated expenditures, the mayor may recommend revisions in the
tax and license ordinances of the city in order to bring the general fund budget into balance.
The same balanced budget restrictions shall apply in the adoption of any public utility budget.
(Acts 1955, No. 452, p. 1004, ยง5.05.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-52.124.htm - 1K - Match Info - Similar pages
11-43C-45
Section 11-43C-45 Recommended expenditures not to exceed estimated receipts unless additional
revenue measures adopted; recommendations where receipts estimated to exceed expenditures;
public utility budgets. In no event shall the expenditures recommended by the mayor in the
general fund budget exceed the receipts estimated, taking into account the estimated cash
surplus or deficit at the end of the current fiscal year, as provided in the preceding section
hereof, unless the mayor shall recommend an increase in or levy of new or increased taxes
or licenses within the power of the city to levy and collect in the ensuing fiscal year, the
receipts from which, estimated on the basis of the average experience with the same or similar
taxes during the three full tax years last past, will make up the difference. If estimated
receipts exceed estimated expenditures, the mayor may recommend revisions in the tax and license
ordinances of the city in order to bring the general fund budget into...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43C-45.htm - 1K - Match Info - Similar pages
11-44C-45
Section 11-44C-45 Recommended expenditures not to exceed estimated receipts unless additional
revenue measures adopted; recommendations where receipts estimated to exceed expenditures;
public utility budgets. In no event shall the expenditures recommended by the mayor in the
general fund budget exceed the receipts estimated, taking into account the estimated cash
surplus or deficit at the end of the current fiscal year, as provided in the preceding section
hereof, unless the mayor shall recommend an increase in or levy of new or increased taxes
or licenses within the power of the city to levy and collect in the ensuing fiscal year, the
receipts from which, estimated on the basis of the average experience with the same or similar
taxes during the three full tax years last past, will make up the difference. If estimated
receipts exceed estimated expenditures, the mayor may recommend revisions in the tax and license
ordinances of the city in order to bring the general fund budget into...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-44C-45.htm - 1K - Match Info - Similar pages
41-4-3.1
Section 41-4-3.1 Monthly reports on condition of General Fund and Education Trust Fund. (a)
The Alabama Department of Finance shall produce monthly financial reports. It is the intent
of the Legislature that the monthly reports shall increase the transparency of state finances
and, when conditions emerge that make budget proration likely, provide advance notice to the
affected agencies of government so that they can prepare as much as possible for its impact
on their operations. (b) The monthly reports shall provide information on the State General
Fund and the Education Trust Fund. Each monthly report shall be released no later than the
final day of the month following the month covered by that report. Each monthly report shall
be published in a prominent location on the Department of Finance web site to provide broad
public access to the document. (c) The monthly reports shall include at least the following
information on the fiscal condition of the fund being reported: (1) The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-4-3.1.htm - 3K - Match Info - Similar pages
16-13-231
of his or her contract reduced as a result of this article. b. The Foundation Program allowance
for fringe benefits shall be determined by multiplying a uniform percentage times the amount
of teachers' salaries allowed in paragraph a. above or by multiplying a fixed rate depending
on the type of fringe benefit. The fringe benefits allowances shall include amounts for the
employer's contribution for teachers' retirement, health insurance, Social Security, Medicare,
unemployment compensation, personal leave, and sick leave. The fringe benefits allowance
may include allowances for other fringe benefits as may be approved by the State Legislature.
The State Legislature shall seek the input and advice of appropriate agencies and individuals
in setting allowances. The Teachers' Retirement System and the Public Education Employees'
Health Insurance Board shall recommend to the Legislature, on or before the first legislative
day of each regular session of the Legislature, the rate for the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-231.htm - 14K - Match Info - Similar pages
11-43C-66
Section 11-43C-66 Head of division of finance - Powers and duties. The head of the division
of finance shall have general management and control of the division and of finance. He shall
have charge, subject to the direction and control of the mayor, of the administration of the
financial affairs of the city, and to that end shall have authority and be required to: (1)
Cooperate with the mayor in compiling estimates for the general fund, public utility, and
capital budgets; (2) Supervise and control all encumbrances, expenditures, and disbursements
to insure that budget appropriations are not exceeded; (3) Prescribe and install systems of
accounts for all departments, offices, and agencies of the city and provide instructions for
their use; and prescribe the form of receipts, vouchers, bills, or claims to be used and of
accounts to be kept by all departments, offices, and agencies of the city; (4) Require daily,
or at such other intervals but no longer than weekly, a report of receipts...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43C-66.htm - 7K - Match Info - Similar pages
45-37A-52.163
Section 45-37A-52.163 Director of finance - Powers and duties. The director of finance shall
have general management and control of the several divisions and units of the department of
finance. He or she shall have charge, subject to the direction and control of the mayor, of
the administration of the financial affairs of the city, and to that end shall have authority
and be required to: (1) Cooperate with the mayor in compiling estimates for the general fund,
public utility, and capital budgets. (2) Supervise and control all encumbrances, expenditures,
and disbursements to insure that budget appropriations are not exceeded. (3) Prescribe and
install systems of accounts for all departments, offices, and agencies of the city and provide
instructions for their use; and prescribe the form of receipts, vouchers, bills, or claims
to be used and of accounts to be kept by all departments, offices, and agencies of the city
(4) Require daily, or at such other intervals as he or she may deem...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-52.163.htm - 7K - Match Info - Similar pages
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