Financial Reports & Budgets
The Village of Dakota Finance Department provides for the processing of all financial data in a timely and cost-effective manner. This allows the department to monitor budgetary requirements, invest funds, and to comply with all local, state and federal laws.
Financial Reports and Budgets are presented, re-evaluated and voted on annually. Proposed Budget documents reflect the financial plan to be presented for the next fiscal year. The Final Budget includes the Proposed Budget plus changes made for budget and purchase order carryovers.
The Village of Dakota's Annual Budget outlines both income and expenditures that are expected to be received and paid over the coming year. This budget helps to plan for the upcoming year and make the necessary adjustments in cash flow to cover expenses. The Village of Dakota's Annual Budget is a vital instrument in accurately projecting future cash flow and effectively managing incoming revenue and existing debt.
Please contact us if you have questions regarding any Financial Reports and Budgets below.