Cmfo finance admin Study guides, Class notes & Summaries

CMFO - Finance Admin Questions And Answers With Verified Solutions 2023 CMFO - Finance Admin Questions And Answers With Verified Solutions 2023

Local units may not utilize or similar sites for the purposes of selling surplus property online,except if an item's value is below 15% of the local unit's bid threshold - True School debt is reported on the municipality's annual debt statement - True School districts are governed by NJSA 40A et seq - False The governing body of a municipality may change the type of school district by ordinance - False School debt limit is based on the district's grade configuration - True Municipal ...

CMFO - Finance Admin (T/F) |Questions with 100% Correct Answers Local units may not utilize or similar sites for the purposes of selling surplus property online,except if an item's value is below 15% of the local unit's bid threshold - answerTrue School debt is reported on the municipality's annual debt statement - answerTrue School districts are governed by NJSA 40A et seq - answerFalse The governing body of a municipality may change the type of school district by ordinance - answer...

The debt limit of a municipality may not exceed what percentage of the prior three years equalized assessed real property valuations - correct answer 3.5% The corrective action plan must describe how the local unit will correct the problems cited in the audit and be filed with DLGS by the - correct answer CFO Prior to any purchase of goods certification of available funds must be made by the - correct answer CFO Authorities and utilities are funded by - correct answer User Fees T...

CMFO - Finance Admin Exam Study Guide |Questions with 100% Correct Answers | Verified The debt limit of a municipality may not exceed what percentage of the prior three years equalized assessed real property valuations - answer3.5% The corrective action plan must describe how the local unit will correct the problems cited in the audit and be filed with DLGS by the - answerCFO Prior to any purchase of goods certification of available funds must be made by the - answerCFO Authorities and ...

CMFO - Finance Admin (T/F) |Questions with 100% Correct Answers Local units may not utilize or similar sites for the purposes of selling surplus property online,except if an item's value is below 15% of the local unit's bid threshold - answerTrue School debt is reported on the municipality's annual debt statement - answerTrue School districts are governed by NJSA 40A et seq - answerFalse The governing body of a municipality may change the type of school district by ordinance - answer...

The debt limit of a municipality may not exceed what percentage of the prior three years equalized assessed real property valuations 3.5% The corrective action plan must describe how the local unit will correct the problems cited in the audit and be filed with DLGS by the CFO Prior to any purchase of goods certification of available funds must be made by the CFO Authorities and utilities are funded by User Fees The audit of the Fire District must be filed with the governing body which crea...

Local units may not utilize or similar sites for the purposes of selling surplus property online,except if an item's value is below 15% of the local unit's bid threshold True School debt is reported on the municipality's annual debt statement True School districts are governed by NJSA 40A et seq False The governing body of a municipality may change the type of school district by ordinance False School debt limit is based on the district's grade configuration True Municipal authorities...

If a capital budget affects the municipality's Master Plan, it must be referred to the Planning Board - ANSWER 45 days prior to adoption of the ordinance Who must approve Dedication by Riders prior to the spending of public funds? - ANSWER The Director of the Division of Local Government Services For a given budget year, budget transfers between appropriation reserves are permitted - ANSWER During the first three months of the succeeding year The appropriations for Pension and Social S...