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Supt’s Office Use Onboard Meeting Agenda Item Executive Summary051821 Board Meeting ___ Consent Agenda ___ G.6. Item No. ___Board Meeting Date:05/18/2021Submitted By:Alex Ella, Asst. Superintendent

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Balances budget to actual is a comparison of the budgeted amounts with the actual amounts spent or earned.

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Organizations or individuals who have a budget must file balances budget to actual.

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Balances budget to actual can be filled out by comparing the budgeted amounts with the actual amounts and recording any variances.

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What information must be reported on balances budget to actual?

Information such as budgeted amounts, actual amounts, variances, reasons for discrepancies, and corrective actions must be reported on balances budget to actual.

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