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ILLINOIS STATE BOARD OF EDUCATION School Business Services Division Accounting Basis:SCHOOL DISTRICT BUDGET FORM * July 1, 2018, June 30, 2019Cash AccrualBalanced budget, no deficit reduction plan
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Final budget form is a document that outlines the total planned expenditure and revenue for a specific period, typically at the end of a fiscal year.
The individuals or organizations responsible for the financial management and planning of a project, program, or entity are required to file the final budget form.
The final budget form should be filled out by providing detailed information on planned expenditures, revenue sources, and any variances from the initial budget.
The purpose of the final budget form is to summarize the financial plans and outcomes for a specific period, providing stakeholders with an overview of the organization's financial health.
The final budget form must include details on planned expenses, revenue projections, actual expenditures, variances, and explanations for any discrepancies.
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