What is an Affidavit of Expenses?

An Affidavit of Expenses is indeed a sworn statement that carries notary-like effect, which means it is a formal declaration made under oath. This legal document is typically used to affirm that the expenses listed within it are accurate and truthful, allowing the signatory to attest to the validity of those claims. Such affidavits are often required in legal or administrative contexts where documentation of expenses is necessary for resolution, transparency, or compliance with regulations.

In contrast, the other options do not encapsulate the true nature of an Affidavit of Expenses. While an informal statement of travel expenses might provide an overview of costs, it lacks the formalized, verified structure of an affidavit. A monthly financial report refers to a broader assessment of financial activities over a specific period and is not confined to expenses alone. Meanwhile, a public notice for budget hearings serves a completely different purpose, aimed at informing the public and inviting participation in governmental budget discussions, rather than providing a sworn account of expenses.