s a m p l e m o n t h l y f i n a n c i a l r e p o r t- connecticut（s m p l e m o n t h l y l f我n n c e p o r t -康涅狄格）（7页）.docVIP

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s a m p l e m o n t h l y f i n a n c i a l r e p o r t- connecticut（s m p l e m o n t h l y l f我n n c e p o r t -康涅狄格）（7页）.doc

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s a m p l e m o n t h l y f i n a n c i a l r e p o r t- connecticut（s m p l e m o n t h l y l f我n n c e p o r t -康涅狄格）（7页）

SAMPLE MONTHLY FINANCIAL REPORTS Description and Instructions Provided below is a description and instructions related to the following Sample Monthly Financial Reports: Option 1. Sample Report A: Basic Reporting System. This option involves is a shorter, less detailed report that may be appropriate for smaller local governments and other local governments not in need of the greater level of detail included in Sample Report B. Option 2. Sample Report B: Detailed Reporting System. This option provides a greater level of detail about the local government’s budget and finances, including some appendices that provide additional supporting information. The attached reports offer templates or examples that a local government could use and modify to develop a reporting system that will best meet its particular needs. If you have any questions, comments or suggestions regarding these instructions or the Sample Reports, you can contact William Plummer at: E-Mail: bill.plummer@ct.gov Telephone: (860) 418-6367 or Robert Dakers E-Mail: robert.dakers@ct.gov Telephone: (860) 418-6243. Description and Purpose of Sample Reports Monthly, quarterly or other periodic financial reports can provide an important tool to help local governments both in managing their current operating budgets and in preparing future budgets. These reports can provide an early warning system as to revenue accounts or expenditure accounts that are running higher or lower than expected. This allows a local government to take steps to mitigate potential problems in a more timely fashion and/or make adjustments with respect to other parts of the budget. These reports can also identify emerging issues and provide important trend data for the development of upcoming budgets. The attached reports were developed by staff from the Office of Policy and Management (OPM), in consultation with the Municipal Finance Advisory Commission (MFAC). The MFAC is a state commission staffed by OPM. These