What date is the deadline for the City or Municipal Treasurer to issue a certified statement covering actual income?

The deadline for the City or Municipal Treasurer to issue a certified statement covering actual income is indeed September 5. This timeline is established to ensure that local government units can maintain transparency and accountability regarding their financial activities. The certified statement is crucial for assessing the fiscal health of the municipality or city and is typically compiled based on the records of actual income received over a specified period.

Issuing this statement by September 5 allows for timely reporting, which is essential for effective budgeting and planning for the upcoming fiscal year. This deadline ensures that the information can be utilized in making informed decisions and in compliance with the required reporting schedule mandated by law. It highlights the importance of adherence to timelines in public financial management, promoting efficient financial governance.