Policy Code: DB

Adoption Date: Tuesday, December 20th, 2016

ANNUAL BUDGET

The school budget is probably the most important single publication which the school district presents to the local citizens. The budget serves as both a guide and control over the operations of the district during the fiscal year.

The Superintendent, as executive officer of the Board, should furnish the leadership in developing the budget through various significant steps. The Superintendent or his/her designee, such as the School Business Administrator, is responsible for initiating the budgeting process and insuring that the steps leading to final acceptance of the budget and approval by the Board of Education are carried out in the proper time frame. The Superintendent shall take necessary steps to insure that fiscal resources provide equivalence among schools for provision of curriculum materials, instructional supplies, teachers, administrators, and auxiliary personnel. This will be accomplished through consistent budgetary formulas among all schools.

Since the budget is essentially a plan, it should be based on the best information available at the time it is prepared. The persons in the best positions to provide this information for any particular area should be involved in the budgeting process at their level of responsibility and at the appropriate time.

The Superintendent has the responsibility for coordinating the overall budget scheme and providing for such factors as growth and inflation. It is the Superintendent's responsibility to maintain the highest level of education possible within the amount of available funds. A carefully prepared budget with periodic evaluation is essential to the attainment of this goal. The budget process should be cyclic, a continuous function, consisting of the general basic steps of planning, coordinating, interpreting, approving, administering, and appraising.