Policy DB

Code: DB 
Adopted: 12/18/89
Readopted: 2/19/02
Orig. Code(s): DB/DBC


District Budget


The school district budget will serve as the financial plan of operation for the district and will include estimates of expenditures for a given period and purpose, and the proposed means of financing the estimated expenditures. The district budget will be prepared and authorized in full compliance with the Local Budget Law. The superintendent will be designated as budget officer and will prepare the budget document.

The budgeting system of the district will be in accordance with federal and state laws, regulations and locally adopted procedures.

The Board will adopt annually a budget calendar which will identify dates and deadlines required for the legal presentation and adoption of the budget.

The superintendent will prepare and recommend a proposed calendar for Board approval. The calendar will identify dates and activities which comply with state law.

The fiscal year will extend from July 1 to June 30 inclusive.

END OF POLICY

Legal Reference(s):

ORS 294.305 - 294.565
ORS 328.542 - 328.565

Cross Reference(s):

BC/BCA - Board Organization/Board Organizational Meeting