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

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Improve your knowledge of the Municipal Budget Process. Familiarize yourself with key concepts and terminology through multiple choice questions and detailed explanations. Prepare effectively for your exam!

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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