2007-08 Adopted Plan - Wake County Public School System

Budget Activities During FY 2006-07 to Prepare FY 2007-08 BudgetJulySeptemberJuly 1DuringJuly2006-07 Budget is available on Oracle.During Sept.Test the Public Sector Budgeting fi les.July 1 – 31§ 115C 105.30. Distribution of staff development funds.Any funds the local board of education makes available to an individualschool building to implement the school improvement planat that school shall be used in accordance with that plan.Each local board shall distribute seventy fi ve percent (75%) ofthe funds in the staff development funding allotment to the schoolsto be used in accordance with that school’s school improvementplan. By October 1 of each year, the principal shall disclose to allaffected personnel the total allocation of all funds available to theschool for staff development and the superintendent shall discloseto all affected personnel the total allocation of all funds availableat the system level for staff development. At the end of the fiscalyear, the principal shall make available to all affected personnela report of all disbursements from the building level staffdevelopment funds, and the superintendent shall make availableto all affected personnel a report of all disbursements atthe system level of staff development funds. (1993, c. 321, s.144.2(c); 1995 (Reg. Sess., 1996), c. 716, ss. 2, 3.)Record carryover balances for programs that span multiple fi scalyears.Remove estimated budgets for categorical programs.Record actual budgets for categorical programs as funding resolutionsare received throughout the year (grant awards, contracts,state allotments).September 8September 15September 21September 30Adjust salaries/benefi ts to actual after retroactive raises are appliedin Oracle.Realign positions between funds to maximize state dollars.Request allotment adjustments from NCDPI based on 1st monthADM fi gures.Make tenth day dollar and month of employment adjustments forall schools.Day 10 Student Membership reporting for Traditional CalendarSchools.Submit the 2006-07 Adopted Plan for Student Success to GFOA.Meet with Strategy Team regarding the budget process.Carryover of startup funds for new schools expires (except for thestaff development portion that ends in the third year of the allotment).Tuition budgets for Before and After School and Preschool Programsare due to the budget department.OctoberAugust 8AugustDay 10 Student Membership reporting for Modifi ed CalendarSchools.During Oct.Load personnel data into PSB.Quarterly fi nancial and human resource reviews with each Chiefand Area Superintendent.Deliver fourth quarter budget transactions from 2005-06 to theBoard of Education.August 11Day 10 Student Membership reporting for all tracks for Year-RoundSchools.August 31Meet with Strategy Team regarding the budget calendar.79 FY 2007-08 Plan for Student Success