45-8A-23.141
Section 45-8A-23.141 Miscellaneous revenues - Measure of estimates. No miscellaneous revenue
from any source shall be included as an anticipated revenue in the budget in an amount in
excess of the average of the amount actually realized in cash from the same source in the
next preceding fiscal year, and that actually realized in the first 10 months of the current
fiscal year plus that to be received in the remaining two months of the year estimated as
accurately as may be, unless the city manager shall determine that the facts clearly warrant
the expectation that such excess amount will actually be realized in cash during the budget
year and shall certify such determination in writing to the council. (Acts 1953, No. 404,
p. 472, §5.22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-23.141.htm - 1K - Match Info - Similar pages

45-8A-23.143
Section 45-8A-23.143 Miscellaneous revenues - New sources. No revenue from a new source not
stated in the budget for the current budget year shall be included in the budget unless the
city manager shall determine that the facts clearly warrant the expectation that such revenue
will be actually realized in cash during the budget year in the amount stated and shall certify
such determination in writing to the council. If the new revenue is to be received from the
state, the anticipated amount shall not exceed the amount which the proper officer of the
state shall declare in writing to be the amount which may reasonably be anticipated in the
budget year. (Acts 1953, No. 404, p. 472, §5.24.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-23.143.htm - 1007 bytes - Match Info - Similar pages

40-18-15
Section 40-18-15 Deductions for individuals generally. (a) No deduction shall be allowed for
any losses, expenses, or interest deferred or disallowed pursuant to 26 U.S.C. § 267 or for
any cost required to be capitalized in accordance with 26 U.S.C. § 263A; otherwise, there
shall be allowed as deductions: (1) All ordinary and necessary expenses paid or incurred during
the taxable year in carrying on any trade or business, as determined in accordance with 26
U.S.C. § 162. (2) Interest paid or accrued within the taxable year on indebtedness, limited
to the amount allowable as an interest deduction for federal income tax purposes in the corresponding
tax year or period pursuant to the provisions of 26 U.S.C. §§ 163, 264, and 265. (3) The
following taxes paid or accrued within the taxable year: a. Income taxes, Federal Insurance
Contribution Act taxes, taxes on self-employment income and estate and gift taxes imposed
by authority of the United States or any possession of the United...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-18-15.htm - 18K - Match Info - Similar pages

11-43C-44
Section 11-43C-44 General fund budget. The general fund budget shall include for each public
utility owned by the city only the net amounts estimated to be received from or to be appropriated
to 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43C-44.htm - 2K - Match Info - Similar pages

11-44C-44
Section 11-44C-44 General fund budget. The general fund budget shall include for each public
utility within the city only the net amounts estimated to be received from or to be appropriated
to 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-44C-44.htm - 2K - Match Info - Similar pages

45-37A-52.123
Section 45-37A-52.123 Scope of general fund budget. The general fund budget shall include only
the net amounts estimated to be received from or to be appropriated to 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-52.123.htm - 2K - Match Info - Similar pages

45-8A-23.142
Section 45-8A-23.142 Miscellaneous revenues - Receipts from special assessments. In the budget
and budget proposal revenues from the collection of special assessments on property specially
benefited shall not be stated in an amount which is in excess of the amount of the receipts
so derived which it is estimated will be held in cash on the first day of the budget year.
(Acts 1953, No. 404, p. 472, §5.23.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-23.142.htm - 719 bytes - Match Info - Similar pages

45-8A-23.144
Section 45-8A-23.144 Proposed expenditures - Generally. In the budget and budget proposal the
proposed expenditures shall be itemized in such form and to such extent as shall be provided
by law, and in the absence of such provision, by regulations established by ordinance. Separate
provision shall be included in the budget and budget proposal for at least: (a) Interest,
amortization, and redemption charges on the public debt for which the faith and credit of
the city is pledged; (b) Other statutory expenditures; (c) The payment of all judgments; (d)
The amount by which the total receipts of miscellaneous revenues in the last completed fiscal
year failed to equal the total of the budget estimated of receipts from miscellaneous revenues
in that year; (e) An amount equal to the aggregate of all taxes levied for the third fiscal
year prior to the budget year which are delinquent and outstanding on the sixtieth day prior
to the beginning of the budget year, except to the extent the city may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-23.144.htm - 2K - Match Info - Similar pages

16-13-280
Section 16-13-280 Definitions. As used in this article, the following terms shall have the
following meanings: (1) BOARD. Each county or city board of education; the Board of Trustees
of the Alabama Institute for Deaf and Blind; the Alabama Youth Services Board in its capacity
as the Board of Education for the Youth Services School District; the Board of Directors of
the Alabama School of Fine Arts; and the Board of Directors of the Alabama School of Mathematics
and Science. (2) GROWTH. The amount by which projected revenue in the Education Trust Fund
for the fiscal year for which appropriations for teacher salaries are being made is anticipated
to exceed projected revenue for the prior fiscal year. For purposes of calculating growth,
prior fiscal year projected revenue shall exclude actual beginning of year balance and projected
end of year unappropriated balance. For purposes of calculating growth, projected revenue
for the fiscal year for which appropriations for teacher salaries...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-280.htm - 2K - Match Info - Similar pages

29-9-3
Section 29-9-3 Fiscal year appropriation cap. (a) Notwithstanding any other provision of law
to the contrary, beginning with appropriations made for the fiscal year ending September 30,
2013, appropriations from the Education Trust Fund shall not exceed the fiscal year appropriation
cap. (b) The fiscal year appropriation cap for the Education Trust Fund shall be equal to
the sum of all of the following: (1) The total of recurring revenues deposited into the Education
Trust Fund in the last completed fiscal year preceding the date on which the fiscal year appropriation
cap is calculated. (2) An amount equal to the amount in subdivision (1) multiplied by the
average annual percent of change in the recurring revenues deposited into the Education Trust
Fund for the 14 highest of the 15 completed fiscal years preceding the date on which the fiscal
year appropriation cap is calculated. (3) If new recurring revenue measures are enacted that
will be deposited into the Education Trust Fund, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/29-9-3.htm - 4K - Match Info - Similar pages