District 100 Knowledge Base (Admin and Clerical)

    Budget SOP

    Updated 2019
    1. 1

      Budget Calendar (October)

      Chief Financial Officer (CFO) creates the Budget Calendar to guide construction of the budget for the next fiscal year.
    2. 2

      Prioritizing (Oct-Dec)

      CFO, Principals, and building based teams review prior year building level priorities (needs and wants), any open priorities from last year, and work on identifying consensus building level priorities for the next fiscal year.
    3. 3

      District Level Priorities (Nov- Feb)

      CFO works with the Board of Education (BOE) on determining district level priorities.
    4. 4

      Building Level Budgeting (Jan-Mar)

      Building Level budget construction is completed with CFO and principals.
    5. 5

      Prioritizing Continued (Mar-May)

      CFO and the Central Office Leadership Team (COLT) priorities and identify next fiscal year priorities.
    6. 6

      Draft Budget (Apr-May)

      CFO prepares a draft budget for the BOE to review.
    7. 7

      Budget Refinements (Jun-Aug)

      Budget Refinements from all parties involved.
    8. 8

      Budget Approval (Aug-Sept)

      BOE approves the final budget.
    9. 9

      End