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 include in all ongoing District studies of the educational program, an estimated annual cost of implementing said program and report to the Board any serious financial implications arising from the budget plan.

In addition, the Board directs the Treasurer to maintain annually a detailed five (5) year forecast of estimated expenditures and revenues.

R.C. 9.34, 5705.28, 5705.30, 5705.391