Number: 603
Section: Finances
Title: Budget Preparation
Date Adopted: November 13, 1978
Date Reviewed:  

The Board considers the preparation of an annual budget to be one of its most important responsibilities because the budget is the financial reflection of the educational plan for the district. The budget shall be designed to carry out that plan in a thorough and efficient manner and to maintain the facilities and honor the obligations of the district.The budget should be studied by each member of the Board during its preparation, but once adopted, it deserves the support of all members of the Board regardless of their position when adoption was voted.In order to ensure adequate time for the preparation and review of the proposed budget, the Board requests that the Superintendent presents to the Board all available information associated with the budget 90 days prior to the end of the fiscal year.The budget should evolve primarily from the needs of the individual schools and programs as expressed by the building principals, the Superintendent and central administration and be compatible with district goals and long range plans.When presented to the Board for review, the budget shall contain the proposed revenue and expenditure in each financial category for the ensuing school year, the current budget in each financial category and an estimate of the revenue and expenditure in each financial category for the current school year, an estimate of the pupil population for the coming school year by grades, the amount of surplus anticipated at the end of the current school year.