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Use and Finance Biannual Reporting FormReporting Period:December 2018 through June 2019University/College:Eastern Michigan UniversityNumber of Projects to Report:4Estimated Impact on Tuition and Fee Rates:$15,595,000Project Description1.
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Use and finance reporting refers to the documentation and disclosure of the use of funds and financing sources by organizations, often for regulatory or tax purposes.
Businesses and organizations that collect sales tax or have specific financial activities that require reporting under state or local laws are typically required to file use and finance reporting.
To fill out use and finance reporting, gather all relevant financial data, complete the form accurately, and provide detailed information about expenditures and financing sources according to the guidelines provided by the regulatory authority.
The purpose of use and finance reporting is to ensure transparency in the use of funds, to assist in financial accountability, and to comply with regulatory requirements.
Information such as total expenditures, financing sources, tax collected, and any applicable deductions or credits must be reported on use and finance reporting.
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