Sources and uses template 2025

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  1. Click ‘Get Form’ to open the sources and uses of funds statement in the editor.
  2. Begin by filling in the 'Source' column with all potential funding sources, such as grants, donations, or equity. Ensure you list each source clearly.
  3. Next, enter the corresponding 'Amount' for each source of funding. This should reflect the total expected from each source.
  4. In the 'Commitment Status' column, indicate whether each source is proposed, requested, or approved. This helps clarify the status of your funding.
  5. Move on to the 'Use of Funds' section. Here, specify how you plan to allocate these funds across various project needs like training or equipment purchases.
  6. Finally, ensure that you calculate and input the total project funding at the bottom of the form for a comprehensive overview.

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If a farm borrows more money than its reduction in short-term and long-term debt (i.e., principal payments), we have a source of funds. Conversely, if a farm pays back more debt than it borrows, we have a use of funds.
Pro forma financial statements are a set of reports that predict a companys future performance. A pro forma uses hypothetical data and other assumptions about a company, such as projected revenue and expenses, to forecast its expected financial performance and growth.