The District shall adhere to the following guidelines and procedures to develop an annual budget.
a. Budgets will be developed to include all items for Fund 10 – General Fund, Fund 27 – Special Education Fund, Fund 38 – Non-Referendum Debt Service, Fund 39 – Referendum Debt Service, Fund 50 – Food Service Fund, Fund 60 – School Activity Account, Fund 73 – Employee Benefit Trust Fund. Budgets for Fund 40 – Capital Projects Fund and Fund 80 – Community Service Fund will be developed when the Board of Education has determined expenditures related to those funds.
a. The annual operating budget shall be the financial plan for the operation of the District and shall provide authority for the obligation of funds.
a. The District Administrator shall be responsible for the preparation of the budget.
a. The District Administrator or designee shall prepare a proposed 24 month budget and review the proposed budget with the Finance Committee.
b. From the 24 month budget, the next 12 month budget will be derived for the budget hearing as per state statute.
c. A fiscal note will be attached to recommendations explaining any new programs, revisions of existing programs, or discontinuance of currently funded programs.
d. A summary of the proposed budget, notice of the place where the detailed budget may be examined, and notice of the time and place of the public hearing on the proposed budget will be published per statute. e. The Board shall, after the public hearing and annual meeting, adopt the annual operating budget for the District. Certification of the tax levy required by the budget shall be made to the clerks of the District's municipalities in accordance with state law. The District Administrator or designee will prepare the necessary tax levy certification forms for the signatures of the clerks.
First Reading: May 21, 2013
Second Reading: June 4, 2013
Approved: July 16, 2013
For the Board: Tom Steiner, President; Lynn Jaeger, Vice President; Cole Marshall, Clerk; Bill Barhyte, Treasurer; Dean Troyer, Member