Budget Building Basics
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Budget Building Basics Tim Leedy and Lana Berry
description
Budget Building Basics. Tim Leedy and Lana Berry. What We’ll Cover. Allocations. Core Mission. Legislature. Building the Budget. Budget Cycle. Remember the Core Mission. The reason that School Business Managers exist is to be stewards of public money for the purpose of - PowerPoint PPT Presentation
Transcript of Budget Building Basics
Budget Building BasicsTim Leedy and Lana Berry
Allocations
What We’ll Cover
Core Mission
Legislature
Building the Budget
Budget Cycle
The reason thatSchool BusinessManagers exist isto be stewards ofpublic money forthe purpose ofefficiently giving teachersand principals theresources neededto provide aneffective learningenvironment.
Remember the Core Mission
Salaries and Benefits - 75%+
Purchased Services –10%+
Supplies/Other – 10%+
Budget Sections
Revolves around the fiscal year 7/1 to 6/30
June – Proposed budgetJuly - Adopt budgetAugust – Encumbrance periodSeptember – Override/bond reportOctober – 40th Day ADM/AFRNovember – Affidavit for AFRDecember – Revised budget January – Staffing/100th Day ADMFebruary – Meet and Confer/Budget projectionsMarch/April – Board study session/ContractsMay – Capital plan/Revised budget
The Budget Cycle
• http://www.azsba.org/docs/ASBA2012PolicyCalendar.pdf
• http://www.aasbo.org/associations/9641/files/AASBO%20School%20Finance%202012%20Final.pdf
Helpful Links
• ADE Documents:• APOR 55-1• ADMS 45-2• ADMS 46-1• TRAN 55-1• ELLS 28-1• SDER 96 SPED 28 CSF Audit Expenses
(AFR)
• Budget Visions• AG Forms
Building the Budget
• Budget Document
• Aim High• The Devil is in the details.• Anything that is not under your control, check twice. • Revisions are your friend.• Have a back-up plan.• How much is a good contingency in a budget?• You can only spend your budget balance carry-forward
once.• Be consistent.• Never second guess the legislature.• Don’t ever cut copy paper, toilet paper, or pencil budgets.• Never assume anything.• Brevity is the Soul of Wit.
Budgeting Helpful Hints
Forecasting
What do you mean we have “less budget capacity next
year?”
I can never get this thing to work when I need it.
Rick Brammer – 602-765-2400
• Will impact your budget • Legislative insights
• AASBO• Stone and Youngberg• GPEMC• EFRG
• Legislative time line• January through April, May, June
Legislature
• Average vs. Actual Salaries
• Class size ratios• Special ED ratios• Benefits• Supplies• Purchased Services• Facilities
• What Capital?• What Building Renewal?
Allocations
