Page 33 - HCSD SOPandIC Manual

SECTION IV – BUDGET PROCESS

Budget Development Process

Title: Budget Development Process

Procedure:

Annually develop a site-based managed school budget. School Budgets are the responsibility of the
Building Principal. It is also the responsibility of the Principal to justify proposed expenditures in each of
the line item accounts. Building Principals track their school accounts during the year making the
necessary transfers needed to ensure no accounts are over- expended. If during the budget development
process there is a need to reduce the school budgets, the Building Principal will be notified of the amount
and is responsible for re-submitting the changes to the revised school budget. Below is a sample
breakdown of the budget process.

January Employee “Intent Forms” sent out - returned

February Board approves the Proposed Budget Calendar.
Recommend All Administrative Staff.

Initial Submission of All Departmental Budget Requests
Federal Programs, Child Nutrition, Student Activity Fund and Department
Budgets

March Recommend all other Certified Personnel.
Certified Staff Contracts prepared and returned

Review and Revision of All Departmental Budget Requests
Federal Programs, Child Nutrition, Student Activity Fund and Department
Budgets

April Approve Classified Staff

May Advertisement for the public hearing runs in the Paper

June Public Hearing on the Proposed Budget
The Board adopts Budget

Formal Resolution for Ad Valorem Taxes

July Budget Synopsis runs in the Paper

Copy of Budget and Resolution to Levying Authority; Required Budget
information to MDE

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