Audited Financial Statements 1988-1987
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In our eReader you can find the full English version of the book. Read Audited Financial Statements 1988-1987 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Audited Financial Statements 1988-1987
What reading level is Audited Financial Statements 1988-1987 book?
To quickly assess the difficulty of the text, read a short excerpt:
All annual appropriations lapse at fiscal year-end.
Annual RTA appropriations do not lapse, as the RTA funds the budgets of the service boards rather than the actual deficits. Favorable variances from budget remain as deferred operating assistance to the operating entity, and can be used in future years with budgetary approval.
The RTA approves the proposed budget based on a number of criteria: 1. That the budget is in balance with regard to anticipated revenues from all sources including opera...ting subsidies and the costs of providing services and funding operating deficits of encumbrances incurred in prior periods, including principal and interest due on outstanding indebtedness; 2. That the budget provides for sufficient cash balances to pay with reasonable promptness all costs and expenses incurred; 3. That the budget provides for the CTA to meet its required system- generated revenue recovery rates; and 4. That the budget is reasonable, prepared in accordance with sound financial practices and complies with such other RTA requirements as the RTA Board of Directors may establish.
What to read after Audited Financial Statements 1988-1987?
You can find similar books in the "Read Also" column, or choose other free books by Chicago Transit Authority to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
All annual appropriations lapse at fiscal year-end.
Annual RTA appropriations do not lapse, as the RTA funds the budgets of the service boards rather than the actual deficits. Favorable variances from budget remain as deferred operating assistance to the operating entity, and can be used in future years with budgetary approval.
The RTA approves the proposed budget based on a number of criteria: 1. That the budget is in balance with regard to anticipated revenues from all sources including opera...ting subsidies and the costs of providing services and funding operating deficits of encumbrances incurred in prior periods, including principal and interest due on outstanding indebtedness; 2. That the budget provides for sufficient cash balances to pay with reasonable promptness all costs and expenses incurred; 3. That the budget provides for the CTA to meet its required system- generated revenue recovery rates; and 4. That the budget is reasonable, prepared in accordance with sound financial practices and complies with such other RTA requirements as the RTA Board of Directors may establish.
What to read after Audited Financial Statements 1988-1987?
You can find similar books in the "Read Also" column, or choose other free books by Chicago Transit Authority to read onlineMoreLess
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