Friday, November 25, 2011

Consensus on top 5 budget events and dates

GROUP SIX's TOP 5 (Wales, Uranga, Watson, Walters)
5) Board of Trustees will establish district goals in January. This is important because district goals will most likely cost the district part of their budget to accomplish the goals. It would not be prudent to go back to the Board at the end of the school year with news that thier goals were not acheived because the Superintnendent did not allocate funds for their goals.

4) Meet with departments and schools in February to determine additional needs or the amount of budget reductions that can be achieved. Since the development of a budget should be a collaborative decision among specific stakeholders, the building principals and department directors need to be, and are, an integral part. They will be able to provide more information on specific needs and estimates. With this information, the Superintendent can effectively prioritize the district needs/estimates in accordance with the revenue available to him.

3) Property tax based revenues are forecasted and given to the district in March/in April. Since a larege part of most district's revenue is based on the amount they receive from this tax base, it is very important, especially when in tough economic times, to get a good estimate on how much you will receive for budget purposes.

2) Board President must call a public meeting of the board of trustees by June 20 giving 10 day notice for the adoption of the district budget. State law mandates a public meeting be conducted so that any taxpayer in the district can attend to hear the proposed budget and have an opportunity to comment.

1) School Board adopts the budget by June 30 (some district's may elect to adopt their budget by August 31). In accordance with State law, a district budget must be adopted and it can not operate without such.

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