Get Budget Virement Form - New Website - Old N-somerset Gov

Filling out the Budget Virement Form allows users to request adjustments in budget allocations for various cost centres. This guide will provide you with step-by-step instructions on how to effectively complete this form online.

Follow the steps to accurately complete your Budget Virement Form.

1. Click the ‘Get Form’ button to access the form and open it in the editor.
2. Fill in the 'School' field with the appropriate name of the school requesting the virement.
3. Enter the 'Date' on which you are filling out the form, ensuring it reflects the current date.
4. In the 'Total net allocated budget' section, input the unchanged total net allocated budget. This figure should remain consistent before and after the virement.
5. Provide a detailed 'Reason for virement' explaining why the budget adjustment is necessary.
6. For the 'Cost Centre to be reduced' section, enter the relevant 'Code' and 'Description' of the cost centre, along with the 'Original balance', 'Amount of reduction', and the 'New balance' after the reduction.
7. In the 'Cost Centre to be increased' section, similarly fill in the 'Code' and 'Description', as well as the 'Original balance', 'Amount of increase', and the 'New balance' after the increase.
8. Lastly, include the signature of the individual completing the form and their 'Position' within the organization.
9. Once all fields are completed, save the changes you made to the form. You can then choose to download, print, or share the filled-out form as needed.

Complete your Budget Virement Form online today to ensure smooth budget management.