12768 Finance Department

Find 12768 finance departments, DFS, and DOF. Finance departments provide information on financial services, finance, taxation, and banking.

Orange County Finance Department 265 Main Street Goshen NY 10924 38.2 miles from 12768 845-291-2485

Poughkeepsie City Finance Department 62 Civic Center Plaza Poughkeepsie NY 12601 42.7 miles from 12768 845-451-4074

Newburgh Finance Department 83 Broadway Newburgh NY 12550 44.9 miles from 12768 845-569-7320

West Milford Township Finance Department 1480 Union Valley Road West Milford NJ 07480 54.1 miles from 12768 973-728-2820

Sussex County Finance Department 262 White Lake Road Sparta NJ 07871 54.3 miles from 12768 973-948-3660

About Finance Departments

What happens to unspent funds or unanticipated revenues?

As a general rule, these funds are added to the entity's Fund Balance at the end of the fiscal year. The Fund Balance is the organization's reserve and may be referred to colloquially as a "rainy day" fund. In some cases, the entity's legislative body may direct the funds toward an unmet need, such as a capital improvement project.

What are general obligation bonds?

General obligation bonds are bonds issued by a state, county, or local government that are backed by that entity's full faith and credit. This means that the government has guaranteed that it will generate tax revenues in order to pay back the bonds. General obligation bonds are commonly used for schools, roads, and other public improvements, and they are usually exempt from state and local taxes.

What is a Comprehensive Annual Financial Report?

A Comprehensive Annual Financial Report (CAFR) is a document prepared by a governmental entity that includes its audited financial statements and additional financial and operational information about the organization. The CAFR meets standards set by the Governmental Accounting Standards Board.