# DB-R - BUDGET DEVELOPMENT PROCEDURES

#### FALL

- Combined School Board/Town Council and/or Subcommittee meeting

##### <span style="text-decoration: underline;">November</span>

- School/District Administrators develop Original Request Budgets
- Development of Budget Schedule

##### <span style="text-decoration: underline;">December (third week)</span>

- Original Request Budgets submitted to School Business Manager

##### <span style="text-decoration: underline;">December - January</span>

- January School Business Manager assemble Original Request Budgets

#### WINTER

##### <span style="text-decoration: underline;">January</span>

- School Board adopts School Board Budget Goals
- Budget updates begin after every meeting, posted on District Budget Page
- Superintendent and School Business Manager meet individually with District and School Administrators to review Original Request Budgets as presented in standardized format: 
    - Projected Student Enrollment
    - Staffing Numbers
    - Class sizes: present and projected
    - New program/position evaluation
    - New programs/position request
    - Facilities/Maintenance needs

##### <span style="text-decoration: underline;">January</span>

- School Board Workshop
- Original Request Budgets are presented to the School Board by Administrators
- School Board members develop questions based on presentations

##### <span style="text-decoration: underline;">January-February</span>

- Original Request Budgets are adjusted based on conversations
- Town Council/School Board Budget Subcommittee meets to present updates on budget development process

##### <span style="text-decoration: underline;">February</span>

- Questions are submitted to School Board Finance Chair
- Questions are distributed to School Administrators and Department Heads
- Answers to questions are presented to School Board
- District receives notification (ED279) regarding state subsidy
- School Board Budget Workshop

#### SPRING

##### <span style="text-decoration: underline;">March</span>

- Town Council/School Board Budget Subcommittee meet to present updates on budget development process
- District receives ceiling for health insurance increases/adjustments made in proposed budgets
- Budget conversations continue in Budget Workshops 
    - Budget Increases
    - Health insurance increases
    - Explanation of ED279
    - Enrollment and Staffing Analysis

##### <span style="text-decoration: underline;">April</span>

- District receives notification of insurance increases, adjustments are made in proposed budget
- School Board approves school budget
- School Board provides Budget Books to Town Council Members
- School Board presents approved school budget to Town Council for approval

##### <span style="text-decoration: underline;">June</span>

- Public Referendum

#### ADOPTED:

- February 9, 2021