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Page 32-Page 32 ILLINOIS STATE BOARD OF EDUCATION School Business Services Division (N330) 100 North First Street Springfield, IL 627770001 LIMITATION OF ADMINISTRATIVE COSTS WORKSHEET (Section 171.5
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School administrators: School business services division is particularly beneficial for school administrators as they need to manage various financial aspects of the school such as budgeting, accounting, payroll, and purchasing. The division provides them with the necessary tools and information to handle these tasks efficiently.
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School business managers: School business managers are responsible for overseeing the financial operations of the school. They rely on the division to monitor and control expenses, ensure compliance with financial regulations, and make informed decisions regarding resource allocation.
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School board members: School board members play a key role in governance and policy-making. They often rely on the information and reports generated by the division to make informed decisions regarding financial matters, strategic planning, and resource allocation.
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External stakeholders: External stakeholders, such as government agencies, auditors, and funding bodies, may require access to the school business services division for auditing, compliance, or evaluation purposes. The division provides them with accurate and comprehensive information about the school's financial operations.
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Teachers and staff: While teachers and staff may not directly interact with the school business services division on a daily basis, they benefit from its existence. The division ensures that salaries are processed accurately and on time, purchasing requests are fulfilled, and necessary resources are available for educational activities.
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The school business services division is responsible for managing the financial and operational aspects of a school's budget.
School administrators and finance officers are required to file the school business services division.
The school business services division can be filled out online or in paper form, following the instructions provided by the education department.
The purpose of the school business services division is to ensure financial transparency and accountability in school budgets and expenditures.
The school business services division must include details on income, expenditures, budget allocations, and any financial transactions.
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