Budgets and Amendments

Updated 3 weeks ago by Vanessa Borges

Budgets and Amendments

Budgeting tools allow cities to create, amend, and finalize budgets.

Annual Budget Entry

1. Go to: Finance Hub | Budgeting | Annual Budget.
2. Click Budget Entry Tools to input new budget numbers.
3. Save Progress to store changes.
4. Complete Entry for each fund to change its status to "Complete".

Notes:

• Annual Budget Import Tools allow exporting and re-importing of budget data.
• Department heads can be given exported Excel worksheets to input their budget requests and then imported back to update the Annual Budget
• All New Budget data can be imported into an Excel workbook 

Budget Amendments 

1. Navigate to: Finance Hub | Budgeting | Amend Budget.
2. Click the Add GL Account button and enter the estimated final amended budget amount.
3. Enter new amounts for revenues or expenses.
4. Save Progress to include these updates in reports.

1. After council adoption, Finalize the Amendment to update the current budget.

Notes:

• Budget amendments must be finalized before the year-end roll.
• The system tracks amendment changes and logs audit history.
• Iowa: Amended amounts entered for the Budget Extract File can be changed when ready to complete the Budget Amendment Process.

Finalizing the Budget

1. Once all budget entries are complete, navigate to: Finance Hub | Budgeting | Finalize Budget.
2. Review the Profit/Loss Summary:

1. Click "Finalize Budget"

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Related Articles

• Budget Reports
• Iowa Budget Extract