An unexpended funded improvement authorization with a useful life of ten years may be amended for what purpose?

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Prepare thoroughly for the Municipal Budget Test. Utilize flashcards, multiple-choice questions, and detailed explanations for each query. Enhance your budget management skills now!

The correct answer pertains to the context of funded improvement authorizations specifically linked to capital projects that are expected to have a useful life of ten years. When such an authorization remains unexpended, it signals that allocated funds for improvements are still available, allowing for amendments related to capital expenditures.

In this case, acquiring a new dump truck aligns with the idea of effectively utilizing those unspent funds for a capital improvement that has a long-term use. A dump truck is an asset that would typically be incorporated into public works or infrastructure operations, justifying its purchase under the funded improvement.

Acquiring land or hiring new personnel would generally not fit within the framework of amending a funded improvement authorization meant for long-term capital projects. These types of expenditures do not directly relate to the concept of capital improvements that are tied to specific asset procurement, which is why they do not serve the intended purpose of the amendment in this scenario.

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