| Bay Village City School District |
| Bylaws & Policies |
6220 - BUDGET PREPARATION
The Board of Education considers the preparation of an annual budget to be one of its most important functions as the budget is the financial reflection of the educational plan for the District.
In order to ensure adequate time for the preparation and review of the proposed budget, the Board directs that the Superintendent and Treasurer present to the Board Finance Committee all available information associated with the budget by January 15th.
(Tax Budget must be submitted to County Auditor by January 20. R.C. 5705.30)The budget should evolve primarily from the needs of the individual schools as expressed by the central administration and be compatible with the approved District plans.
When presented to the Board for review, the budget shall contain the proposed expenditure in each financial category for the ensuing school year, an estimate of unencumbered balances, and all revenues from sources other than the general property tax.
R.C. 3315.15, 5705.28(A)(1), 5705.29, 5705.30