| Bay Village City School District |
| Bylaws & Policies |
6210 - BUDGET PLANNING
The budget shall be designed to reflect the objectives of the Board of Education for the education of the students of the District. Therefore, it must be carefully organized and planned to ensure adequate understanding of the financial needs associated with program development. This necessitates a long-range and a short-range view of District financial requirements.
To meet the objective of this policy the Board directs the Superintendent and Treasurer to:
| A. | include in all ongoing District studies of the educational program, an estimated annual cost of implementing said program. | |
| B. | prepare a long-range year by year plan for the maintenance and replacement of facilities and equipment. | |
| C. | provide for staff input and consultation in budget planning. | |
| D. | maintain a planning expenditure budget for three (3) years in the future and record therein any figures that can be reasonably estimated. | |
| E. | maintain a plan of anticipated revenues based on changes in State and Federal legislation. | |
| F. | report to the Board any serious financial implications arising from the budget plan. |
R.C. 9.34, 5705.28, 5705.30