The Budgetary Comparison Schedule requires a column for the original budget, a column for the final revised budget, and a column for actual figures, computed on the accrual basis.

Question

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Typically, budget-actual comparisons are schedules in RSI. Governments may also elect to provide those comparisons as one of the basic statements rather than as a schedule. The schedule must provide the original budget, the final budget and the actual amounts of revenues, expenditures and other financing sources and uses. The amounts in the actual column are to be reported on the basis required by law for budget preparation, even if that basis differs from the basis provided in the GASB standards.

The Budgetary Comparison Schedule Requires a Column for the Original