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NYS Comptroller


The Academy for New York State's Local Officials

Multiyear Financial Planning: A Tutorial for Local Government Officials

Module 3: Projecting Expenditures

Other Expenditures

Sensitive to Economic Change: No
Predictable: Depends
Controllable: Depends
Large Portion of Expenditures: No

Other expenditures might include contingency reserves, which are one way to plan for unforeseeable events such as major tax shortfalls or emergency expenditures. Many municipalities do not budget contingency funds, preferring to legislatively appropriate any funds necessary to cover such situations. However, when used properly, contingency reserves can give municipal executives or administrators the flexibility they may need in an emergency, and help balance budgetary risks.

  Next: Expenditures by Function