Business, 22.02.2021 19:40 si1baalmasri

The City of Snow's 2020 annual budget included an appropriation of $65,000 for snow removal. By the end of January, the City had experienced 3 Nor'easters with total snow accumulation of 65 inches, equal to the amount anticipated for January and February. The City approves a budget revision to increase the appropriation for snow removal to $90,000 and reduce budgetary fund balance by an equal amount. The Waste Removal Department also receives invoices for and makes payments for January snow removal of $55,000. What was the effect on budgetary fund balance

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The City of Snow's 2020 annual budget included an appropriation of $65,000 for snow removal. By the...

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