1 / 8

School Budget Process

School Budget Process. ISD #99 By Chad Stoskopf. Overall Budget Planning. Business Manager Must Forecast: Enrollment Funding Formula Utility Costs Sub Costs Are there any unusual leaves?. Overall Budget. Business Manager Existing Staffing & Potential Changes Retirements, additions

milton
Download Presentation

School Budget Process

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. School Budget Process ISD #99 By Chad Stoskopf

  2. Overall Budget Planning • Business Manager • Must Forecast: • Enrollment • Funding Formula • Utility Costs • Sub Costs • Are there any unusual leaves?

  3. Overall Budget • Business Manager • Existing Staffing & Potential Changes • Retirements, additions • Kindergarten Round-up • Consider new monies • Jobs Monies • Grants • Fund Balance • Look at past trends and future costs vs. enrollment and staffing

  4. Overall Budget • Business Manager • Consider 70/30 payment from State • Will typically be working on 3 budgets at a time • Last year • Current year • Next year • State Law requires school districts to have an approved budget in place by July 1, yet the state rarely has a finalized funding formula available.

  5. Statewide Funding Caps • There are caps on funds that make it near impossible to predict how much monies schools will receive. • For Example: • Concurrent Enrollment Monies (college credit) • Currently funded at 25% of the original formula • Special Education • Presently receiving about 90% of the States intended entitlement.

  6. Capital Budget Planning • Capital Outlay • Based on Enrollment Numbers • Can Levy: • Lease Levy • Health and Safety • Capital Requests • Each Department Solicits Requests Internally • Kitchen, Custodial, Athletics, HS, Elem, etc… • Curriculum Review Cycle

  7. Capital Budget Planning • Department Head Prioritizes List • Individual Meetings with the Department Head, Superintendent, and Business Manager. • Department Head Makes their Case • Superintendent, Business Manager, Building Principals Decide what each Department gets.

  8. Supply Budgets • Each department (HS, Elem, Athletics, etc..) is allocated a specific $ amount. • The department head divvies the total amongst each department at their discretion. • HS teachers amounts will vary. • Elementary teachers are based on the number of students in the class. • The key is the bottom line.

More Related