Top+Five+Events+in+Budget+Process

Top five events and dates for budget process.

January – Board Identifies goals and the executive begins the process of reviewing of formulas.

February – The process begins for the different campus budgets to begin making their budget for the upcoming year. This process includes the distribution of documents, and budget workshops for campus administrators and budget managers.

March – Budgets are received from the campus and budget managers and reviewed by the district budget development team.

June – There is a public notice of the adoption of the district budget. The district will also publish the proposed budget on the district website. The final draft of the budget will be written for the consideration of the school board with a review of updated revenue estimates, state funding, and local taxable values.

August – The budget must be completed by August 20th, and must be adopted by August 31st.

Top Five State Budget Development Insights January - The superintendent as the budget officer approves the budget process for the district. The superintendent cohesively teams with the board of trustees to ascertain the budget process based on district goals and identify the roles and responsibilities of both parties.

February - The budget preparation process is shared with key stakeholders at the campus level. Meetings with key stakeholders will include principals, SBDM committee, central office personnel, and special or support service teams begin to collaborate and develop plans for the campus budget funding and expenditures based on campus needs.

April – May; Complete review of campuses and district budgets by Special Programs, Support Services, Supervisors, and SBDM teams. Review of projected revenue estimates is the responsibility of the Superintendent and the Chief Financial Officer.

June - Complete first draft of district budget, schedule administrative budget meeting / workshops, and complete final draft.

August – A directive of TEA budget must be prepared and adopted by August 20th. (For publication requirements in the newspaper; June 19th for districts with July 1st fiscal year start date) And or August 31 (June 30th for districts that have July 1st fiscal year start date)

 Submitted by: Marilyn Pace-White