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D.01 Budget Process - January 2001 Revision

Note: This policy was revised in June 2012. We provide this revision for historic purposes only. Please refer to the current policy.

The adoption of the annual operating budget is the responsibility of the Board of Education. The administration will present to the Board for adoption a specific budget calendar. The budget process will include specific budget hearings allowing the Board to learn of the public's priorities and what the public believes should be the major focus areas of the District. The administration will also be given a specific opportunity to speak to various programs and matters of interest to the Board.

Following such hearings, the Board will identify priorities and give general instructions to the administration to prepare a balanced budget based upon its priorities.

Finally, the Board will debate and vote upon budgetary matters without further public hearings.

Procedural Directive Cross Ref.: Annual Budget Formulation

Legal Ref.: 22-5-4 NMSA 1978 (1988 Repl.)

NSBA/NEPN Classification: DB

Approved: December 6, 1989
Reviewed: January 17, 1990
Revised: February 20, 1996
Revised: November 6, 1998
Reviewed: January 1, 2001

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