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BUDGETCOMMITTEE AgendaItemSummary AgendaCategory:BUDGETRESOLUTIONItemNo: Date: ISSUE:4/16/2018 Approve a budget change within the Community Development Building Division. BACKGROUND & CONCLUSIONS:
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How to fill out approve a budget change

01
To fill out and approve a budget change, follow these steps:
02
Begin by opening the budget change form.
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Enter the requested information, such as the project code, date, and description of the change.
04
Specify the reason for the budget change, whether it is due to an unexpected expense or a reallocation of funds.
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Provide the updated budget amounts for the affected line items.
06
If necessary, attach any supporting documents or justifications for the change.
07
Review the completed form for accuracy and completeness.
08
Seek approval from the appropriate authority or department, such as a supervisor or finance manager.
09
If additional review or approval levels are required, forward the form to the respective individuals.
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Once all necessary approvals have been obtained, submit the form to the relevant department for processing and implementation.
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Keep a copy of the approved budget change for your records.

Who needs approve a budget change?

01
Various individuals or entities may need to approve a budget change depending on the organization's structure and policies.
02
Typically, the following individuals or departments may be involved in the approval process:
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- Project manager: If the budget change is related to a specific project, the project manager may need to approve it.
04
- Finance department: The finance department is typically responsible for overseeing budgetary matters and may need to review and approve the change.
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- Supervisors or department heads: If the budget change affects a particular department or team, the respective supervisor or department head may be required to provide authorization.
06
- Budget committee or board: In some organizations, a budget committee or board may be responsible for reviewing and approving any budget changes that exceed a certain threshold.
07
It is important to consult the organization's internal policies and procedures to determine the specific individuals or departments involved in the budget change approval process.
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Approving a budget change involves reviewing and authorizing modifications to the financial plan.
The authorized financial personnel or decision-makers within an organization are required to file and approve a budget change.
To fill out an approval for a budget change, the necessary information must be provided, including detailed explanations for the modification and justifications for the change.
The purpose of approving a budget change is to ensure that financial decisions are made transparently and in accordance with the organization's financial goals and objectives.
The information that must be reported on an approved budget change includes the reason for the modification, the impact on financial performance, and any necessary adjustments to financial forecasts.
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