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Office of the Secretary of State of Illinois PROCUREMENT OPPORTUNITY TO:Bid/Proposal ManagerFROM:Office of the Secretary of State Budget & Fiscal Management, Purchasing Division 501 S. Second Street
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Budget and fiscal management refers to the process of planning, organizing, and controlling an organization's financial resources to achieve its financial goals.
Organizations, businesses, and government agencies are required to file budget and fiscal management reports.
Budget and fiscal management reports can be filled out by detailing income, expenses, budget allocations, and financial forecasts.
The purpose of budget and fiscal management is to ensure financial stability, effective resource allocation, and proper financial decision-making.
Information reported on budget and fiscal management includes income sources, expenses, budget allocations, financial forecasts, and financial goals.
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