23891 Finance Department

Find 23891 finance departments, DFS, and DOF. Finance departments provide information on financial services, finance, taxation, and banking.

Petersburg Finance Department 103 W Tabb St Petersburg VA 23803 16.3 miles from 23891 804-733-2337

Colonial Heights Finance Department 1507 Boulevard Colonial Heights VA 23834 17.8 miles from 23891 804-520-9332

Hopewell City Finance Department 300 N Main St Hopewell VA 23860 18.0 miles from 23891 804-541-2306

Williamsburg Finance Department 401 Lafayette St Williamsburg VA 23185 31.7 miles from 23891 757-220-6180

Richmond Finance Department 900 E Broad St Richmond VA 23219 36.0 miles from 23891 804-646-5829

Brunswick County Finance Department 228 North Main Street Lawrenceville VA 23868 40.4 miles from 23891 434-848-0248

Henrico County Finance Department 4301 East Parham Road Richmond VA 23228 43.3 miles from 23891 804-501-5208

Hampton Finance Department 22 Lincoln St Hampton VA 23669 47.9 miles from 23891 757-727-6230

Portsmouth Finance Department 801 Crawford St Portsmouth VA 23704 52.7 miles from 23891 757-393-8831

Norfolk Finance Department Ste 600, 810 Union St Norfolk VA 23510 53.1 miles from 23891 757-664-4346

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.