Budget
BP 3100.00
BUDGET
| Note: Borough and city school districts are funded through local contributions authorized by the borough assembly or city council and state apportionments based on the amount of local contributions as defined in A.S. 14.17.025. Pursuant to A.S. 14.17.220, the public school foundation account was established to provide equitable public school funding. A.S. 14.17.225 requires districts to operate under a balanced budget and provides that the state is not responsible for the debts of school districts. |
The School Board shall establish and maintain a balanced budget. The Board shall adopt an annual budget which is compatible with the district strategic plan.
(cf. 0200 - Goals for the School District)
(cf. 3460 - Financial Reports and Accountability)
The district budget shall be prepared annually from the best possible estimates of revenues and expenditures. The Superintendent or designee shall determine the manner in which the budget shall be prepared and shall schedule the budget adoption process in accordance with legal time requirements. A public hearing shall be held prior to the adoption of the budget or a revised budget.
(cf. 1230 - Citizen Advisory Committees)
Legal Reference:
ALASKA STATUTES
14.07.030 Powers of state department
14.07.170 Additional powers and duties of state board
14.12.020 Support, management and control
14.14.060 Relationship between borough school district and borough
14.14.065 Relationship between city school district and city
14.17.010 - 14.17.250 Public school foundation program
ALASKA ADMINISTRATIVE CODE
4 AAC 09.005 - 4 AAC 09.105 State Aid
4 AAC 09.110 - 4 AAC 09.160 School Operating Fund
KETCHIKAN GATEWAY BOROUGH SCHOOL DISTRICT
Adoption Date: 10/13/99
Revision Date: 7/8/2009