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PROPOSED VOLTA BUDGET FORM A Qualified Support Centers January 1 through December 31, 2015, Grant Reprogram Name: Staff Director: Type Name Signature Contact Person: Type Name Phone Number and Extension
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The proposed IOLTA budget is a plan outlining the expected income and expenses for the Interest on Lawyers Trust Account.
Law firms or attorneys who maintain an IOLTA account are required to file a proposed budget.
The proposed IOLTA budget can be filled out by detailing the estimated revenue and expenses for the account for a specific period.
The purpose of the proposed IOLTA budget is to provide a financial plan for managing the funds in the trust account.
The proposed IOLTA budget should include details on expected deposits, withdrawals, interest earned, and any administrative fees.
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