FINANCIAL SECTION - School District U-46

SCHOOL DISTRICT U-46
Budget Timeline for FY 2011 Budget
2010
Tentative FY 2011 Budget Timeline presented to the Board of Education February 22
Resolution for Board of Education to Direct the Superintendent to prepare February 22
the Tentative FY 2011 Budget” (Work Session)
Superintendent’s staff establishes budget priorities February 23
Discussion of Board Priorities for FY 2011 Budget March 1
Resolution adopted Directing the Superintendent to prepare
Tentative FY 2011 Budget March 1
Tentative Budget is presented to the Board of Education
Special Business Meeting for Budget Work Session April 19
Resolution for “Display of and Public Hearing of Budget” presented
to the Board of Education (Work Session) July 19
Resolution for “Display of and Public Hearing of Budget” adopted
by Board of Education August 2
Newspaper notice published for display of budget to begin Aug. 17
and Public Hearing to be September (13) August 3
(must be published at least 30 days prior to hearing)
Board Finance Committee review of proposed budget changes August 10
Final Budget is presented to Board of Education August 16
Display of Final Budget to begin 30 day period August 17
(must be displayed at least 30 days prior to adoption)
Public Hearing of Board of Education for Final Budget
Resolution (ISBE form) for approval of budget (work session) September 13
Adoption of Approved Budget
(must be adopted by September 30)
Resolution/ISBE form, Certification of Budget, and
Certification Estimate of Revenues are signed September 27
Budget is posted on U-46 internet site immediately after approval
Certified Adopted Budget filed with County Clerks,
Certified Adopted Budget filed with ROE,
Adopted Budget submitted electronically to ISBE
including Report of Vendors Contacts of $1,000 or more
(must be done within 30 days of adoption) October 26
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