DBH - Budget Adoption Process

BUDGET ADOPTION PROCESS

Adoption of the annual budget is to be accomplished prior to June 30 for the fiscal year beginning July 1.

The budget shall include, in addition to operating expenses and expected income for the ensuing year, the sums required for meeting bonds falling due, interest on the bonds and on other obligations, rentals and other fixed charges. These proposals shall be thoroughly explained and any others shall be given an opportunity to be heard. Only those amounts pertaining to operating expenses, reserve or contingency funds, or capital outlay expenditures shall be subject to change by the voters.

Legal References: Title 20-A: Education Part 2: School Organization, Chapter 111 Municipal Schools, Subchapter 1 School Committee, §2307 School Budgets

 Title 20-A: Education Part 2: School Organization Chapter 103-A: Regional School Units Subchapter 4: Financing, §Cost center summary budget format

Title 20-A: Education Part 7: School Finance, Chapter 601 General Provisions, §15006 School Money, Finance Committees 

Title 20-A: Education Part 7: School Finance, Chapter 606 Essential Programs and Services, §15690 Local Appropriations 

Adopted:   February 12, 2002

Reviewed:   March 10, 2022