4:16 - Budget Planning

The Superintendent or designee shall direct the preparation of the school budget annually, including development of a tentative budget for Board review. Revenue and expenditure estimates shall be based upon the following:

  1. Past experience
  2. State guidelines
  3. Other projection techniques

The annual budget shall be based upon the needs of the District in relation to the financial ability of the District to support its schools.

Each school will be given a per-pupil allotment to be used for related instructional purposes. The specific manner in which the annual budget shall be compiled shall be at the discretion of the Superintendent with input from the Board of Education. However, the budget shall contain the following:

  1. The beginning fund balance for each fund
  2. Estimated receipts
  3. Estimated expenditures
  4. Estimated ending fund balances

 

Long range planning is necessary to the operation of the District. To facilitate a long range plan; five-year projections in such areas as enrollment, revenue and expenditures, attendance boundaries and efficient building utilization, and curriculum and staff development, shall be prepared annually by the administration.

Budget Planning Calendar

The Board of Education will adhere to the following budget planning calendar:

Board of Education Meeting   Topic
November/December Adoption of levy and review of District 39 Annual Financial Projections
June/July Review the first draft of the budget for the fiscal year (beginning July 1)
August Posting (by the Board Secretary) of the tentative budget for public inspection at least thirty (30) days prior to final action thereon. Publication of legal notice of availability for public inspection and of the public hearing on the tentative budget in the local newspaper, such as the Wilmette Life at least thirty (30) days prior to the date of the public hearing as well as posting on the District website.
September Prior to the last day in September, the Board shall have a public hearing (arranged by the secretary of the Board) on the tentative budget and shall adopt the final budget in accordance with state statutes.

The Board shall direct the secretary to file all required final budget documents with the Illinois State Board of Education (within 30 days of adoption or by October 31, whichever is sooner) and with the Clerk of Cook County (by September 30).

Adopted: September 8, 1997
Revised: November 28, 2011; December 17, 2018; April 25, 2022