Financial Information
One of the most important jobs of the secretary-treasurer and the business department is the preparation and coordination of the district’s annual operating budget. The school district’s financial year runs from July 1 to June 30. From March to May each year, the finance department works with the Board of Education to set the budget for the next school year.
Guiding Principles for Budget Decision Making
- We will use a budget development process that is respectful, open, and consultative with all educational partners: employees, parents, schools and the community.
- We will ensure that resources, whether they are human, material or technological, are allocated to best support student learning.
- We will be comprehensive and open when communicating budget information; we will provide all budget facts.
- We will ensure that budget decisions reflect the District’s Strategic Plan and District Priorities (Learning and Support Services).
- We will plan annually to manage the contingency reserve level, allowing us to ensure operational effectiveness and to manage the risks toward our school district and student learning.
- We will ensure that school district initiatives not within our K-12 mandate are at least cost-neutral.
- We will continuously strive to achieve efficiencies as a school district.
- We will continue to build student success through the attraction, development and retention of employees who share our values of learning, collegiality and respect.
- We will approve a budget with integrity, taking into account the elements of fairness and equity.
Our commitment to financial accountability includes making budget documents and financial statements available online.
Approved by Board Motion March 11, 2025