District

Code: DBEA

Adopted: 7/15/10; 9/14/11

By law, the budget committee is charged with making recommendations concerning financial priorities.

The budget committee will have the responsibility for reviewing the financial programs of the district, reviewing the proposed district budget as presented by the superintendent, and recommending an annual or biennial district budget in keeping with the provisions of applicable state laws.

Code: DBE

Adopted: 1/04/07

Revised/Readopted: 7/15/10; 6/08/11; 6/14/17

Orig. Code(s): DBE

The superintendent has the overall responsibility for budget preparation and will develop such procedures necessary to ensure that the proposed budget reflects all areas of district operation.

Code: DBDB

Adopted: 6/08/11

Revised/Readopted: 2/08/12; 6/14/17

The Board recognizes its responsibility to establish an unreserved fund balance^[1] in an amount sufficient to:

Code: DBDA

Adopted: 6/08/11

Revised/Readopted: 6/14/17

The general operating contingency will be established at an amount deemed sufficient by the board to responsibly enable the district to meet unforeseen financial needs due to emergencies and changing district needs. The amount will be established by the board during the budget development process.

Code: DBD

Adopted: 7/15/10

As the budget is prepared, staff will use a prioritizing system consistent with program needs as identified by staff and the board. Priorities should be established to be used as a basis for budget additions or reductions.

The budget committee will review suggested priorities and will either accept, modify or reject the priorities.

END OF POLICY

Legal Reference(s):

Code: DBC

Adopted: 1/04/07

Revised/Readopted: 7/15/10; 6/14/17

Orig. Code(s): DBC

The board will adopt a budget calendar which identifies dates and deadlines required for the legal presentation and adoption of the budget. The budget calendar will be prepared on an annual or biennial basis, as appropriate. The calendar will identify dates and activities to include those needed to comply with state law.

Code: DB

Adopted: 1/4/07

Revised/Readopted: 7/15/10; 6/14/17

Orig. Code(s): DB

The district budget will serve as the financial plan of operation for the district and will include estimates of expenditures for a given period and purpose and the proposed means of financing the estimated expenditures. The district may provide that the budget and budget documents be prepared on an annual or biennial basis.

Code: BI

Adopted: 1/04/07

Readopted: 5/13/10

Orig. Code(s): BI

The board will represent the district’s interests in legislative action to promote the welfare of public education in the state of Oregon or will direct those interests to be represented through its executive officer, the superintendent or designee.

Code: BHE

Adopted: 1/04/07

Revised/Readopted: 5/13/10; 4/26/17

Orig. Code(s): BHE

The district will purchase liability insurance and errors-and-omissions insurance to protect its school board members individually and collectively from claims made against them as a result of official board actions taken in the course of official duties.

END OF POLICY