Annually, the board will review the projected revenues and expenditures for the school district and make adjustments where necessary to carry out the educational program within the revenues projected.

It shall be the responsibility of the board secretary and superintendent to make recommendations and to bring potential major expenditures to the attention of the board during the planning of the budget for the next fiscal year.

In planning the budget each year the following steps shall be followed:

Assessment of the educational program and its impact upon the budget;

Assessment of the district’s estimated income;

Assessment of the district’s estimated expenditures.

Legal Reference:  Iowa Code Chapters 24, 297, 298, 442 (1991)

Cross Reference:  803        Budget
                                      804        Revenues
                                      805        Expenditures

Approved:  4-23-92
Reviewed:  12-11-23                          
Revised:             

A budget for the school district shall be prepared annually for the board’s review.  The budget shall include the following:

*The amount of revenues from sources other than taxation;

*The amount of revenue to be raised by taxation;

*An itemization of the amount to be spent in each fund; and

*A comparison of the amount spent in each fund for the like purposes in the two (2) prior fiscal years

After the board has reviewed the budget, the board shall file the proposed budget with the board secretary no later than twenty (20) days prior to April 15 each year.

It shall be the responsibility of the board secretary, in conjunction with the superintendent, to prepare the budget for review by the board at a regularly scheduled board meeting by April of each year.

Legal Reference:  Iowa Code §§24.3, .5, .9, 298.1, 442 (1991)

Cross Reference:  803        Budget
                                      804        Revenues          
                                      805        Expenditures

Approved:  4-23-92                            
Reviewed:  12-11-23             
Revised:             

Prior to the adoption of the certified budget by the board, the public shall be apprised of the proposed budget for the school district.  The budget filed by the board with the board secretary and the time and place for the public hearing on the proposed budget shall be published in a newspaper designated for official publication in the school district.

It shall be the responsibility of the board secretary to publish the proposed budget and public hearing information at least ten (10) days prior to the public hearing.

Legal Reference:  Iowa Code §24.9, 618 (1991)

Cross Reference:  803        Budget
                                      804        Revenues
                                      805        Expenditures

Approved:  4-23-92
Reviewed:  12-11-23             
Revised:             

Prior to the adoption of the certified budget by the board, the public shall have an opportunity to review and state their opinion of the proposed budget.  A public hearing for the proposed budget of the board shall be held each year no later than April 15.

The public hearing shall be conducted in the manner deemed appropriate by the board.

Legal Reference:  Iowa Code §§24.9, 279.8, 618 (1991)

Cross Reference:  803        Budget
                                      804        Revenues
                                      805        Expenditures

Approved:  4-23-92                            
Reviewed:  12-11-23             
Revised:  5-12-03

The board shall adopt and certify a budget for the operation of the school district to the county auditor by April 15, and under special circumstances no later than May 1, of each year.

It shall be the responsibility of the board secretary to file the adopted and certified budget with the county auditor and other proper authorities.

Legal Reference:  Iowa Code Chapters 24 and 442 (1991)

Cross Reference:  803        Budget

Approved:  4-23-92                            
Reviewed:  12-11-23             
Revised:  5-12-03

The board may amend the budget for the school year in the event of unforeseen circumstances.  The amendment procedures shall follow the procedures for public review and adoption of the regular budget by the board outlined in these policies.

It shall be the responsibility of the superintendent and the board secretary to bring any budget amendments necessary to the attention of the board no later than May 31 of each year.

Legal Reference:  Iowa Code §24.11 (1991)

Cross Reference:  803        Budget
                                      804        Revenues

Approved:  4-23-92                            
Reviewed:  12-11-23             
Revised:             

The budget of the school district shall be the authority for the expenditures of the school district for the fiscal year for which the budget was adopted and certified.  Expenditure of revenues in excess of the projected revenues shall be made only upon amendment of the budget.

It shall be the responsibility of the superintendent to operate the school district within the budget.  The superintendent shall report monthly to the board on the status of the spending plan.

Legal Reference:  Iowa Code §24.11 (1991)

Cross Reference:  803        Budget
                                      804        Revenues

Approved:  4-23-92                            
Reviewed:  12-11-23             
Revised: