Get the free School District Budget Form 2018 - norwood63.org

ILLINOIS STATE BOARD OF EDUCATION School Business Services Division Accounting Basis:SCHOOL DISTRICT BUDGET FORM * July 1, 2017, June 30, 2018Cash AccrualUnbalanced budget, however, a deficit reduction

How to fill out school district budget form

How to fill out school district budget form

1. Review the school district budget form to familiarize yourself with the sections and required information.
2. Gather all necessary financial documents and information, such as previous budget reports, revenue and expense projections, and any specific guidelines or instructions provided by the school district.
3. Start by entering the basic details of the school district, such as its name, address, and contact information.
4. Proceed to fill out the revenue section, which includes sources of income like government funding, grants, and fundraising activities. Provide accurate and detailed figures for each revenue source.
5. Move on to the expense section, where you need to categorize and allocate funds for various expenditures such as salaries, benefits, educational programs, transportation, supplies, maintenance, and any other relevant expenses. Be thorough and ensure all expenses are accounted for.
6. Calculate the total revenue and expenses, and determine whether the budget is balanced or if there is a surplus or deficit.
7. Include any additional explanations or justifications for specific budget items if required.
8. Review the completed form to make sure all information is accurate and all sections are duly filled out.
9. Submit the school district budget form to the appropriate authorities by the specified deadline.
10. Keep a copy of the submitted budget form for your records.

Who needs school district budget form?

1. School district administrators and financial administrators
2. Board of education members
3. School principals
4. Accountants or financial officers responsible for overseeing the budget
5. Government agencies overseeing educational funding
6. Auditors or evaluators assessing the financial health and accountability of the school district

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