| School District of Colfax |
| Bylaws & Policies |
6220 - BUDGET PREPARATION
The District's operation and educational plan is reflected in its budgets. Each year, the Board of Education will cause to have prepared and then review and approve the budget.
Each budget shall be designed to carry out District operations in a thorough and efficient manner, maintain District facilities properly, and honor continuing obligations of the Board.
A proposed budget requires the critical analysis of every member of the Board prior to approval; once adopted, the budget deserves the support of all members of the Board regardless of their position before its adoption.
The Board directs the District Administrator to present the budgets to the Board along with all available information associated with each budget in sufficient time to allow for proper analysis and discussion prior to the hearing.
When presented to the Board for review and/or adoption, the information shall include, as appropriate:
| A. | the proposed expenditure and revenue in each financial category for the ensuing year; | |
| B. | the actual expenditure, the approved budget, and the revenue in each financial category for the previous year and the first six (6) months of the current year; |
65.90, Wis. Stats.