What should not be included in the certification of budget by CTAs?

The certification of budget by Certified Tax Assessors (CTAs) is a critical process that involves verifying and validating various financial aspects related to property assessments and municipal fiscal practices. One important principle in this process is that it focuses on the current fiscal year's budgetary and property assessment data.

Values of properties transferred from exempt to taxable status represent adjustments that reflect changes in the use or ownership of properties within the municipality. While significant, these adjustments do not pertain directly to the budget's formulation or its certification. Instead, they are typically considered in the context of calculation for overall revenue or tax base adjustments but not as part of the immediate budget certification process.

On the other hand, capital expenditure increases, emergency expenditures, and omitted or added assessments for the current year are more relevant to the budgeting process. These items directly affect the financial planning and operational budget of the municipality, which CTAs must certify as accurate and reflective of the municipality's fiscal needs. Each of these elements plays a role in ensuring that the municipal budget aligns with current operational demands and financial responsibilities.