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ATTACHMENT II
Text of 19 Chapter 109. Budgeting, Accounting, and Auditing
Subchapter A. Budgeting, Accounting, Financial Reporting, and Auditing for School
Districts
109.1. Financial Accounting.
(a)A
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What is chapter 109 budgeting accounting?
Chapter 109 budgeting accounting is a type of financial reporting that focuses on budget planning and allocation of funds within an organization.
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Government agencies, non-profit organizations, and other entities that receive funding from government sources are required to file chapter 109 budgeting accounting.
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Chapter 109 budgeting accounting is typically filled out using budgeting software or spreadsheets that track income, expenses, and allocations of funds.
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The purpose of chapter 109 budgeting accounting is to ensure transparency and accountability in the financial management of organizations that receive government funding.
What information must be reported on chapter 109 budgeting accounting?
Information that must be reported on chapter 109 budgeting accounting includes details of revenue sources, expenses, budget allocations, and actual spending.
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