| Union City Community Schools |
| 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 following Fund budgets:
| A. | General Fund | |
| B. | Debt Retirement | |
| C. | School Service |
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.
The Board shall ensure that adequate funds are reserved for the General Fund to maintain a secure financial position.
The Board directs the Superintendent 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 anticipated expenditure and revenue in each financial category for the current year; | |
| C. | the actual expenditure, the approved budget, and the revenue in each financial category for the previous year; | |
| D. | an estimate of the student enrollment; | |
| E. | the amount of fund equity anticipated at the end of the current year; | |
| F. | an appropriations resolution. |
M.C.L.A. 141.434 et seq.