Receipts and expenditures

The Receipts and Expenditures provide a record of all monies coming into and going out from the City of Boston. The Expenditures document all payments made by each department in the City of Boston for a given fiscal year. There are payrolls, various expense journals, department account ledgers, and sub-division reports. The Receipts document all the revenue and income received by the City of Boston through its departments over the course of a fiscal year. Sources of revenue include loans, taxes, fees, and accrued interest among others. Present within the Receipts are abstracts, abstracts of receipts, interest records, betterments, and accounts receivable records. Also included in the Receipts and Expenditures are the balance sheet ledgers; these records document the debt record and credit record (Dr/Cr) for each department for the fiscal year.