After budgets are adopted and submitted in Gateway, the Department of Local Government Finance (DLGF) will review and issue a Notice of Final Budget Recommendation (more commonly referred to as the 1782 Notice). Taxing units have ten calendar days to review the Notice and request budget revisions in writing to the DLGF.
When your taxing unit receives its 1782 Notice, carefully review the documents. If there are discrepancies between the adopted budget and the 1782 Notice, attempt to determine why the revisions were made. Reasons for revision by the DLGF may include:
In some cases, the DLGF may deny or modify budgets and levies. The most common reasons for budget and/or levy denial/modification are:
There may also be new changes for the upcoming budget year that taxing units will want to make sure are included in the budget, if applicable, such as:
Fortunately, the 1782 Notice provides a window of opportunity to request changes and provide DLGF with necessary documentation to ensure the final budget certification reflects the best interests of your taxing unit.
For more information on this topic, or to learn how Baker Tilly municipal specialists can help, contact our team.
Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and wholly-owned subsidiary of Baker Tilly Virchow Krause, LLP, an accounting firm.