701.3 Requirements of the Budget Document

Code No. 701.3

REQUIREMENTS OF THE BUDGET DOCUMENT

The budget document shall include the following information:

1.        The estimated amount of income for the several funds from sources other than taxation.

 

2.        The estimated amount proposed to be raised by taxation.

 

3.        The amount proposed to be expended in each fund and for each general purpose during the ensuing fiscal year.

 

4.        A comparison of the amounts proposed to be expended with the amounts expended or to be expended for like purposes for the two fiscal years preceding the fiscal year covered by the budget.

 

5.        Fully itemized estimates for each particular class of proposed expenditure, showing under separate headings the amounts required, in such manner and form as prescribed by the Iowa Department of Education.

 

The budget document shall also contain a brief explanatory section to describe any program changes for the ensuing year that may be responsible for changes in expenditures.

 

Date of Review:  April 9, 2018

 

Date of Revision:

   August 13, 2012                    

 

Legal References:

 

8.51, Chapter 24, Chapter 257, 278.1, 297.22, Chapter 

298, Chapter 298A, 618.14, 721.2, Code of Iowa         

 

886081

DECORAH COMMUNITY SCHOOL BOARD OF DIRECTORS