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STATE OF CALIFORNIACapital Outlay Budget Change Proposal (COBCP) Cover Sheet DF151 (REV 05/17) Fiscal Year 201819Business Unit 6870Department Board of Governors, California Community CollegesBudget

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How to fill out budget change proposal

01

Gather all the necessary financial information including current budget details, proposed changes, and justifications for the changes.

02

Identify the specific line items in the budget that need to be adjusted.

03

Prepare a detailed explanation for each proposed change, outlining the impact on the overall budget and the reasons for the adjustment.

04

Consult with the relevant stakeholders such as department heads or finance officers to ensure that the proposed changes align with organizational goals and priorities.

05

Submit the budget change proposal to the appropriate decision-making body or individual for review and approval.

06

Monitor and track the implementation of approved budget changes to ensure they are effectively and accurately reflected in the financial records.

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What is budget change proposal?

A budget change proposal is a formal request submitted by an organization or department to modify its existing budget allocation. It outlines the reasons for the changes and the expected impacts on operations or service delivery.

Who is required to file budget change proposal?

Typically, government agencies, departments, or organizations that wish to amend their current budget allocations are required to file a budget change proposal.

How to fill out budget change proposal?

To fill out a budget change proposal, one should provide a detailed description of the proposed changes, the rationale for the changes, the impact on service delivery, a breakdown of the requested funds, and any necessary documentation to support the request.

What is the purpose of budget change proposal?

The purpose of a budget change proposal is to formally request adjustments to budget allocations in response to changes in operational needs, priorities, or unforeseen circumstances.

What information must be reported on budget change proposal?

A budget change proposal must typically report the current budget status, details of the proposed changes, justification for the changes, expected outcomes, and financial impacts.

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