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Agenda for Board Meeting, October 9th, 2018 1. Approve the minutes of the September 10th Board Meeting as presented. 2. Open forum 3. Planning & Zoning Ordinances. a. Theis' variances 4. Road and
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Formis variances refer to the discrepancies or differences noted in the prescribed forms related to tax or financial reporting, which may be required for various regulatory purposes.
Individuals or entities that encounter differences in their reported figures versus expected values according to tax regulations are typically required to file formis variances.
To fill out formis variances, one must provide accurate data reflecting the discrepancies, including relevant financial information and supporting documents to justify the variances.
The purpose of formis variances is to disclose discrepancies in financial reporting, ensuring compliance with regulatory requirements and providing transparency in financial reporting.
Information that must be reported includes the nature of the variances, financial figures involved, explanations for the discrepancies, and any supporting documentation.
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