Posted: May 30, 2007
   
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A Michigan School Money Primer




 

Step 5: Budget Review With Board of Education (April-May)

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At this point in the budgeting cycle, the forthcoming fiscal year’s budget begins to solidify, and the budget forecast becomes a preliminary budget. Budget updates may be made at each board meeting, but in late spring, the board is often making the important decisions necessary in approving a final budget. For instance, in late March or early April, a board of education may take action on the next year’s staffing levels. The board’s feedback on the budget during this period tells district budget officials what adjustments should be made to arrive at a final budget the board can approve.

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Next page: Step 6: Preparation of Final Budget (April-May)

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A Michigan School Money Primer

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Friday, October 10, 2008
The “Scene” and the Unseen
Michigan's film tax credits aren't free money.

 

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