Presentation of Operating Budget to Board for Review & Adoption

Presentation of Operating Budget to Board for Review & Adoption

The charter school must submit a Board-approved budget by June 30, the final day of the fiscal year, and should include the annual budget as part of a multi-year projection. The budget should reflect all goals outlined in the Local Control Accountability Plan. Schools should use the latest version of the Local Control Funding Formula calculator workbook to derive their revenue projections. Once approved, the charter school submits its budget to its authorizer for review.