Prior to certification of the budget, the Board will review the projected revenues and expenditures for the District and make adjustments to carry out the education program within the projected revenues.
A budget for the District shall be prepared annually for the Board’s review. The budget shall include the following:
- the amount of revenues to be raised by taxation;
- the amount of revenues from sources other than taxation;
- an itemization of the amount to be spent in each fund; and,
- a comparison of the amount spent and revenue received in each fund for like purposes in the two prior fiscal years.
The Superintendent and School Business Official/Board Secretary shall be responsible for annual preparation of the budget for review prior to the April 15 deadline. The Board shall adopt and certify a budget for the operation of the District to the county auditor by April 15. The School Business Official/Board Secretary will be responsible for filing the adopted and certified budget with the county auditor and other proper authorities.
Prior to the Board adopting the proposed budget by the Board, the public shall be apprised of the proposed District budget, and members of the community shall have an opportunity to review and comment on the proposed budget. An annual public hearing shall be held each year in sufficient time to file the adopted budget no later than April 15. The School Business Official/Board Secretary will be responsible for publishing the proposed budget and the time and place for the public hearing at least 10 but no more than 20 days prior to the public hearing.
The Board may amend the budget for the fiscal year in the event of unforeseen circumstances. The amendment procedures shall follow the procedures for public review and adoption of the original budget by the Board outlined in these policies.
The Superintendent and School Business Official/Board Secretary shall be responsible for bringing any budget amendments to the Board in sufficient time to allow filing the amendment with the county auditor no later than May 31 of each year. The Superintendent shall be responsible for ensuring the District operates within the budget.
Approved: September 2007
Reviewed: October 2019