Top+5+Budget+Development+Dates


 * From January to March, districts forecast projected enrollments, property tax base and revenues, salary adjustments, etc. The district estimates revenue from the state funding from the foundation school program and local property taxes. Additionally, federal and funding from private sources are considered. Delinquent tax collections, fees and extracurricular services should not be forgotten.
 *  In March, the district and campuses create and/or review goals and budgets are requested to achieve those goals. These goals should be aligned inorder to develop a goal driven budget.
 * Estimates of annual district expenditures are calculated in preparation for the budget submission to the Board of Trustees . The district budget must be created before the adoption of a tax rate. According to TEA guidelines the budget must be prepared by August 20th, unless the district has a fiscal year that begins in July in which case it is to be completed by June 19.
 * In July,the Board of Trustees reviews and adopts the district budget. The president must call a public meeting of the Board of Trustees, giving ten days notice in a newspaper for the adoption of the budget. A summary of the budget must also be posted concurrently on the district's website.
 * District receives the certified appraisal roll and in August adopts a tax rate . For a district with a fiscal year starting on September 1st, the budget must be adopted by August 31st.