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1 <br /> great or exceptional. "Unforeseen" includes expenses which are not <br /> 1 foreseen as of the time of the annual meeting when appropriations are <br /> voted. <br /> Departments are limited to the line items as voted. Certain items may <br /> exceed the line item budget as approved if it is for an emergency and <br /> for the safety of the general public. These items are limited by the <br /> 1 Massachusetts General Laws and must be raised in the next year's tax <br /> rate. <br /> Formal budgetary integration is employed as a management control <br /> device during the year for the General Fund. Effective budgetary control <br /> is achieved for all other funds through provisions of the Massachusetts <br /> General Laws. <br /> At year end, appropriation balances lapse, except for certain unexpended <br /> capital items and encumbrances which will be honored during the subse- <br /> quent year. <br /> B. Budgetary Basis <br /> The General Fund appropriation appearing on page 4 of the financial <br /> statements represents the final amended budget of the Town and was <br /> authorized as follows: <br /> 1997 annual appropriations $ 25,213,209 <br /> Statutory County and State assessments 900,492 <br /> Other uses legally required to be raised 4.649 <br /> Total Appropriation $ 26.118.350 <br /> C. Budget/GAAP Reconciliation <br /> iThe budgetary data for the general and proprietary funds is based upon <br /> accounting principles that differ from generally accepted accounting prin- <br /> ciples (GAAP). Therefore, in addition to the GAAP basis financial state- <br /> ments, the results of operations of the general fund are presented in <br /> accordance with budgetary accounting principles to provide a meaningful <br /> comparison with budgetary data. <br /> The following is a summary of adjustments made to the actual revenues <br /> and other sources, and expenditures and other uses, to conform to the <br /> budgetary basis of accounting. <br /> ' 10 <br />