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Annual Comprehensive Financial Report 2023 Fiscal years ended June 30, 2023, and 2022Community College District 535, 1600 East Golf Road, Des Plaines, IllinoisOAKTON COLLEGE COMMUNITY COLLEGE DISTRICT

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What is budget and financial reports?

Budget and financial reports are documents that outline the projected income and expenses of an organization, as well as the actual financial activities over a specific period of time.

Who is required to file budget and financial reports?

Certain organizations, such as non-profits and government agencies, are usually required to file budget and financial reports to ensure transparency and accountability.

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Budget and financial reports can be filled out by gathering financial data, categorizing expenses and income, and presenting the information in a clear and organized manner.

What is the purpose of budget and financial reports?

The purpose of budget and financial reports is to provide stakeholders with a snapshot of an organization's financial health, performance, and future financial plans.

What information must be reported on budget and financial reports?

Budget and financial reports typically include revenue sources, expenses, cash flow, assets, liabilities, and financial projections.

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