13801 Finance Department

Find 13801 finance departments, DFS, and DOF. Finance departments provide information on financial services, finance, taxation, and banking.

Norwich Finance Department 1 City Plaza Norwich NY 13815 13.1 miles from 13801 607-334-1230

Cortland City Finance Department 25 Court Street Cortland NY 13045 21.4 miles from 13801 607-756-7312

Binghamton Finance Department 38 Hawley Street Binghamton NY 13901 29.1 miles from 13801 607-772-7011

Onondaga County Finance Department 800 South State Street Syracuse NY 13202 41.8 miles from 13801 315-435-3827

Finance Departments Near Me

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.