BOARD POLICY
#3001
March 04, 2008
Budget
The board of education shall adopt a budget each year to support the school district's programs and services for the ensuing fiscal year. The superintendent of schools shall be responsible for developing the budget subject to the direction and decisions of the board. The budget document shall be under continuous development, based upon the requirements of the adopted educational program.
The superintendent shall prepare the proposed budget in accordance with board policies and goals, state statutes and regulations. As the district's spending plan, the budget will be based on up-to-date revenue estimates, and will reflect the assessed needs and programs approved by the board.
The board shall present the proposed budget to the public so that patrons may review it and participate in any public hearing(s). The board shall consider and adopt the budget in accordance with Nebraska law.
Except for bids required under the section "Bid Letting and Contracts, the board's adoption of the budget shall authorize the purchases without further board action.
At each monthly board meeting, the superintendent will provide a report on the current status of the major sections of the budget.
Adopted on: December 10, 2007
Revised on: _________________________
Reviewed on: ________________________
