48 / 118
GANADO FIRE DISTRICT
NOTES TO THE REQUIRED SUPPLEMENTAL INFORMATION
FISCAL YEAR ENDED JUNE 30, 2016
1.
BUDGETARY BASIS OF PRESENTATION
The budget include d in these financial statements represents the original budget
and amendments approved by the Board of Directors. The budgetary basis is the
modified accrual basis of accounting with encumbrances included as actual.
Accordingly, for the purpose of comparing budgeted expenditu res to actual
amounts, prior and current year encumbrances have been integrated with the
amounts shown on the
Statement of Revenues, Expenditures, and Changes in
Fund Balances.
Various reclassifications have been made to the actual amounts to conform to
classifications included in the budget approved by the Board of Directors.
The legal level of budgetary control attributed to the Board of Directors is
considered at the objective or natural classification level, presented as subtotals in
the schedule of budget to actual (e.g., total revenue, total salaries and benefits,
total services and supplies, etc.).
DRAFT