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Dec18Form 635.1Department of Management181765Adoption of Budget and Certification of City Taxes FISCAL YEAR BEGINNING JULY 1, 2019, ENDING JUNE 30, 2020, The City of:County Name:NEMAHAResolution No.:19311Date

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What is sac?

SAC stands for Statement of Additional Consideration. It is a form used to report any additional income received.

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Any individual or entity who has received additional consideration must file a SAC.

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The purpose of SAC is to ensure that all additional income received is properly reported and taxed.

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All additional income received, including sources and amounts, must be reported on a SAC.

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