ST. LOUIS BOARD OF EDUCATION POLICY
BUSINESS AND NON-INSTRUCTIONAL OPERATIONS
BUDGET
Preparation of Budget Documents

The superintendent of schools or designee shall present to the Board of Education on or before the first regular meeting in March of each year a list of proposed expenditures and anticipated revenues from all sources, including state and federal money. Estimated expenditures shall be detailed by location, function, and object codes. In addition, the full time equivalent (F.T.E.) count of budgeted, authorized personnel will be presented with the same detail.

The superintendent or designee shall submit supporting schedules, exhibits, and other explanatory material as may be necessary for the proper understanding of the budget.

References

Legal: Section 67.020 RSMo.

Policy adopted: June 26, 1990

Revised: February 9, 1999

R3120

ST. LOUIS BOARD OF EDUCATION REGULATION
BUSINESS AND NON-INSTRUCTIONAL OPERATIONS
BUDGET
Preparation of Budget Documents

The superintendent of schools, or a representative, shall recommend an annual budget to the board. This recommendation shall provide:

1. That proposed appropriations meet the needs of the school district.

2. That the budget adopted by the Board of Education not exceed available revenue to be received plus any unencumbered balances or less any deficits estimated for the beginning of the budget year.

3. That recommended appropriations for each fund be consistent with requirements of state statutes or other provisions of law.

4. That the annual budget presents a complete financial plan for the ensuing year and includes at least the following:

a. A budget message describing the important features of the budget and major changes from the preceding year.

b. Estimated revenues to be received from all sources for the budget year, with a comparative statement of actual or estimated revenues for the two years next preceding, itemized by year, fund, and source.

c. Proposed appropriations for each department or division with a comparative statement of actual or estimated expenditures for the two years next preceding, itemized by year, fund, function, and object.

d. The amount required for the payment of interest, amortization, and redemption on the debt, if any.

e. A general budget summary.

The superintendent of schools also shall submit at the same time complete drafts of any resolutions as may be required to authorize the proposed appropriations and produce the revenue necessary to balance the proposed budget.

References

Legal: Section 67.010 RSMo.

Revised: February 9, 1999