CROSSOVER POINT..

The city’s funds are broken out into the eleven funds noted below. The General Fund contains the dollars for day-to-day operations principally. When the expenditures in the General Fund exceed the revenues received  it is said that the “crossover” point has occurred (gone from black to red figures). The city is not allowed to operate in the red so it must make the changes necessary to get back in the black (layoffs, cutbacks, borrowings, etc).city-funds

 

 

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