2007-08 Adopted Plan - Wake County Public School System

Budget Activities During FY 2006-07 to Prepare FY 2007-08 BudgetBy October 1October 17§ 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 plan at thatschool shall be used in accordance with that plan.Each local board shall distribute seventy fi ve percent (75%) of thefunds in the staff development funding allotment to the schools to beused in accordance with that school’s school improvement plan. ByOctober 1 of each year, the principal shall disclose to all affectedpersonnel the total allocation of all funds available to the schoolfor staff development and the superintendent shall disclose to allaffected personnel the total allocation of all funds available at thesystem level for staff development. At the end of the fi scal year, theprincipal shall make available to all affected personnel a report of alldisbursements from the building level staff development funds, and thesuperintendent shall make available to all affected personnel a report ofall disbursements at the system level of staff development funds. (1993,c. 321, s. 144.2(c); 1995 (Reg. Sess., 1996), c. 716, ss. 2, 3.)Deliver fi rst quarter budget transactions and status of “over/under”to the Board of Education.October 31 Last day for position conversion requests to be submitted for 2006-07.Last day to declare extended employment months for 2006-07.January 23January 11,18, 25During Feb.February1, 8March 1March 6March 20Deliver second quarter budget transactions and status of “over/under”to the Board of Education.Budget worksessions with the Strategy Team.FebruaryBudget staff prepare the Superintendent’s Plan for Student Success.NCDPI releases Planning Allotments.Budget worksessions with the Strategy Team.MarchBudget worksession with the Leadership Team.Deliver Superintendent’s Plan for Student Success to the BOE.Public Hearing on the Superintendent’s Plan for Student Success.November 8November 17NovemberLoad fi nancial data into PSB.Budget requests are due to the budget department.April 24AprilDeliver third quarter budget transactions and status of “over/under” tothe Board of Education.Board of Education approves the Plan for Student Success.Strategic plans from each division are due to the budget department.MayDuring Dec.DecemberBudget staff processes all budget requests. Interaction with budgetmanagers to review, clarify, and proof budget requests.May 15May 18Deliver the Board of Education’s Plan for Student Success to thecounty commissioners.Final textbook transfer requests due to budget department.JuneJanuaryJune 19Adopt an interim budget resolution.During Jan.January 4Quarterly fi nancial and human resource reviews with each Chief andArea Superintendent.Present unbalanced budget to the Strategy Team.July 17JulyAdopt a budget resolution.80