Budget Process for the 2005-2006 School Year Budget

• Budget Development Calendar
• Budget Parameters

Budget Parameters

Adopted by the Board of Education: October 14, 2004

Revenue

• State operating aid will increase
• The district's tax base will increase
• Employee health benefit contributions will increase
• The district will receive one time aid and tuition reimbursement usable for 2005-2006

Expenditures

• Contract obligations will increase
• Employee benefit costs will increase
• Insurance rates will increase - general, liability, student accident
• Utility costs will increase as a product of international environment
• Debt service costs will rise - capital projects referendums, tax certiorari

Parameters

• The current operational budget will provide a baseline for 2005-06 budget development
• State and district educational standards will be basis for budget development
• The district will continue to coordinate all educational programs
• Per pupil and per staff allowances will generate funding parameters
• The district will continue to support programs that promote increased student performance
• Development and implementation of district technology plan will continue
• Professional development opportunities will continue for all staff
• Long-range facilities and operations plan will be developed
• Staff and equipment needs will be assessed at all buildings
• A plan to meet one time needs will be developed addressing:
  • Deficit in Special Aid and Food Service Funds
  • Accounting Software Program
  • Transportation Redistricting Software
  • Board Documents