These documents summarize the spending policies that were used to develop the budget; the financial and budgetary details that make up the budget; and most. Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity.Authorized capital stock is the largest amount of shares a company is permitted to issue. 3 min read updated on September 19, 2022. A separate Proposed Event Budget Expenses form must be filled out for each Fund. Newly filed summary data may not appear for up to 48 hours. In the past year, 185 local companies were visited through the BRAVO program.