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ILLINOIS STATE BOARD OF EDUCATION School Business Services Division Accounting Basis:SCHOOL DISTRICT BUDGET FORM * July 1, 2017, June 30, 2018Cash AccrualBalanced budget, no deficit reduction plan
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To fill out the 2017/18 final budget, follow these steps:
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Gather all the necessary financial information, such as revenue and expenditure data for the designated period.
03
Create a spreadsheet or use budgeting software to organize the data.
04
Start by entering the beginning balance for the period.
05
Add all the sources of revenue, categorizing them as needed (e.g., sales, grants, donations).
06
Deduct any expenses incurred during the period, making sure to categorize them accordingly (e.g., salaries, utilities, marketing).
07
Include any outstanding debts or credit obligations.
08
Calculate the ending balance by subtracting the total expenses from the total revenue.
09
Review the budget for accuracy and make any necessary adjustments.
10
Save the final budget document for record-keeping purposes.

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The 2017/18 final budget is needed by individuals, organizations, and government entities for various reasons:
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- Individuals: Those who want to monitor their personal finances and expenses for that specific period.
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- Organizations: Businesses and non-profit organizations require the final budget to evaluate their financial performance, make informed decisions, and conduct audits.
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- Government Entities: Government departments and agencies use the final budget to allocate funds, analyze spending patterns, and report financial information to the public.
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The 18 final budget state refers to the final budget report for the year 2018.
All companies and organizations that operated during the year 2018 are required to file the 18 final budget state.
The 18 final budget state can be filled out by providing detailed information on the income, expenses, profits, and losses incurred during the year 2018.
The purpose of the 18 final budget state is to provide a comprehensive overview of the financial status of a company or organization for the year 2018.
The 18 final budget state must include details of revenue, expenses, assets, liabilities, profits, and losses for the year 2018.
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