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ContributorsGila County (Ariz.) (Author)
Created2004 to 2017
Description

The Finance Department provides financial information and service to Gila County governmental departments and offices so they can effectively manage their resources. Thorough review and management of the County’s financials, along with developing and complying with internal policies and procedures, provides Administration with the tools for making fiscally sound management

The Finance Department provides financial information and service to Gila County governmental departments and offices so they can effectively manage their resources. Thorough review and management of the County’s financials, along with developing and complying with internal policies and procedures, provides Administration with the tools for making fiscally sound management decisions.

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ContributorsHoffman, Dennis L. (Author) / Rex, Tom R. (Author) / The Pride Publishing Company (Publisher)
Created2012-06
Description

The purpose of the stabilization fund is to reduce the fluctuations in general fund revenue caused by the economic cycle. These fluctuations result in large budget surpluses in some years and large deficits in other years. Without considering the structural deficit, the budget stabilization fund almost certainly will not have

The purpose of the stabilization fund is to reduce the fluctuations in general fund revenue caused by the economic cycle. These fluctuations result in large budget surpluses in some years and large deficits in other years. Without considering the structural deficit, the budget stabilization fund almost certainly will not have the funding necessary to offset the cyclical reduction in revenue that will occur during the next recession.