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ILLINOIS STATE BOARD OF EDUCATION School Business Services Division Accounting Basis:SCHOOL DISTRICT BUDGET FORM * July 1, 2019, June 30, 2020Cash AccrualBalanced budget, no deficit reduction plan
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How to fill out school district budget form

01
Obtain a copy of the school district budget form.
02
Begin by filling in the basic information, including the name of the school district, the fiscal year, and any relevant dates.
03
Section one of the form typically requires information about the sources of revenue. Fill in the details of each revenue source, such as state funding, local taxes, and grants.
04
In section two, outline the various expenditure categories, such as salaries, supplies, and transportation. Provide a detailed breakdown of the budget allocation for each category.
05
Section three may require information about any outstanding debts or financial obligations of the school district.
06
Finally, review the completed form for accuracy and make any necessary adjustments before submitting it.
07
Submit the filled-out school district budget form to the appropriate authority within the given deadline.

Who needs school district budget form?

01
Various stakeholders need the school district budget form, including:
02
- School administrators and board members who are responsible for managing and allocating funds
03
- Government authorities or auditors who evaluate the financial standing of the school district
04
- Teachers and staff who want to understand the allocation of resources within the district
05
- Parents and community members who are interested in the financial transparency and accountability of the school district
06
- Local taxpayers who want to know how their tax dollars are being utilized in education
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The school district budget form is a document used by school districts to outline their financial plans and projections for the upcoming fiscal year.
School districts are required to file the school district budget form as part of their financial reporting requirements.
The school district budget form is typically filled out by the district's financial team, including the finance director or superintendent.
The purpose of the school district budget form is to provide transparency and accountability in the financial management of school districts.
The school district budget form typically includes information on revenue sources, expenses, fund balances, and any planned expenditures.
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