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FINANCE

Town budgeting process beginning in Fountain Hills

Overview of past fiscal year

As the fiscal year moves toward its final quarter (April – June) Town of Fountain Hills staff members are busy preparing numbers for the upcoming year that will begin July 1.

As a starting point, Finance Director David Pock prepared an overview of the past fiscal year as a guide. It was scheduled for a presentation at a public open house on Feb. 14.

Pock presents a general description of government accounting as it differs from for-profit public accounting. It is regulated by accepted accounting principles set by the Government Accounting Standards Bureau.

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