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SCHOOL BOARD ACTION REPORT DATE: FROM: LEAD STAFF:May 20, 2020, Denise Juneau, Superintendent Jo Lynn Merge, Chief Financial Officer, jdberge@seattleschools.org;For Introduction: For Action:June 24,

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What is budget adoption?

Budget adoption is the formal approval of a budget by a governing body or organization.

Who is required to file budget adoption?

Any organization or governing body that is responsible for creating and approving a budget must file budget adoption.

How to fill out budget adoption?

To fill out budget adoption, organizations must provide detailed information about their planned expenditures, revenue sources, and financial goals.

What is the purpose of budget adoption?

The purpose of budget adoption is to ensure that organizations have a clear plan for managing their finances and achieving their goals.

What information must be reported on budget adoption?

Budget adoption reports must include detailed information about revenue projections, expense allocations, and any potential financial risks.

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