Garden Grove California Schedule A, Receipts, Interest-Standard Account

State:
California
City:
Garden Grove
Control #:
CA-GC-400A2
Format:
PDF
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Description

This form is an official California Judicial Council form which complies with all applicable state codes and statutes. USLF updates all state forms as is required by state statutes and law.

Garden Grove California Schedule A, Receipts, Interest-Standard Account is an essential document that provides a detailed breakdown of the various revenue sources and interest earnings of the city of Garden Grove, California. This account is a statement of the city's financial transactions and serves as a record for tax purposes and financial analysis. Below are the different types of Garden Grove California Schedule A, Receipts, Interest-Standard Account: 1. General Revenue Receipts: This section of the schedule A account includes all the funds received by the city from various sources such as property taxes, sales taxes, utility fees, licenses, permits, fines, and penalties. It provides a comprehensive overview of the city's primary revenue streams. 2. Grants and Contributions: In this category, the schedule A account lists any grants or contributions received by the city from federal, state, or private entities. These grants play a crucial role in funding specific programs, projects, or initiatives undertaken by the city. 3. Interest Earnings: This section outlines the interest income earned by the city through investments made with surplus funds. It includes interest earned from savings accounts, certificates of deposits, treasury bills, bonds, or any other investment vehicles. 4. Other Revenue Sources: Apart from general revenue receipts, this category incorporates various miscellaneous revenues received by the city, such as rental income from city-owned properties, reimbursements from intergovernmental agencies or private entities, and income from special events, facilities, or services provided by the city. 5. Transfers: This part lists any fund transfers made within the city's accounts. It includes transfers from one department or fund to another, such as when funds are reallocated for specific projects or to cover budget deficits. The Garden Grove California Schedule A, Receipts, Interest-Standard Account plays a vital role in maintaining transparency and accountability in the city's financial management. It ensures that all revenue sources and interest earnings are documented accurately, facilitating effective decision-making, budget planning, and financial reporting.

Garden Grove California Schedule A, Receipts, Interest-Standard Account is an essential document that provides a detailed breakdown of the various revenue sources and interest earnings of the city of Garden Grove, California. This account is a statement of the city's financial transactions and serves as a record for tax purposes and financial analysis. Below are the different types of Garden Grove California Schedule A, Receipts, Interest-Standard Account: 1. General Revenue Receipts: This section of the schedule A account includes all the funds received by the city from various sources such as property taxes, sales taxes, utility fees, licenses, permits, fines, and penalties. It provides a comprehensive overview of the city's primary revenue streams. 2. Grants and Contributions: In this category, the schedule A account lists any grants or contributions received by the city from federal, state, or private entities. These grants play a crucial role in funding specific programs, projects, or initiatives undertaken by the city. 3. Interest Earnings: This section outlines the interest income earned by the city through investments made with surplus funds. It includes interest earned from savings accounts, certificates of deposits, treasury bills, bonds, or any other investment vehicles. 4. Other Revenue Sources: Apart from general revenue receipts, this category incorporates various miscellaneous revenues received by the city, such as rental income from city-owned properties, reimbursements from intergovernmental agencies or private entities, and income from special events, facilities, or services provided by the city. 5. Transfers: This part lists any fund transfers made within the city's accounts. It includes transfers from one department or fund to another, such as when funds are reallocated for specific projects or to cover budget deficits. The Garden Grove California Schedule A, Receipts, Interest-Standard Account plays a vital role in maintaining transparency and accountability in the city's financial management. It ensures that all revenue sources and interest earnings are documented accurately, facilitating effective decision-making, budget planning, and financial reporting.

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Garden Grove California Schedule A, Receipts, Interest-Standard Account