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500

Annual Budget Development

Background

The Division believes in following a defined process in developing the Division’s annual budget.

Procedures

  1. The Board will establish annual budget priorities in accordance with the direction of the Division’s Three-Year Education Plan and the guidelines of Alberta Education’s Funding Framework.
  2. Budget development will include input from the Board, principals, site supervisors, staff, School Councils, and where appropriate, students.
  3. The best educational interest of students, together with the principles of fairness and equity, shall be the primary focus of all budget decisions.
  4. The Division’s budget shall be balanced.
  5. The Division’s budget shall allow for the establishment of a centrally pooled instructional services fund, after consultation with principals.
  6. Each year the Superintendent assisted by the Secretary-Treasurer shall prepare and present an annual budget for Board approval;
  7. The Division will fund schools at a level sufficient to provide quality education and shall require schools to develop a budget to implement appropriate programming.
  8. Sites shall develop budgets in accordance with generally accepted accounting principles and within a standardized format established by the Secretary-Treasurer.
  9. All site budgets shall include accumulated reserves or deficits and shall be balanced.
  10. Principals shall expend their annual school allocation solely for instructional purposes as defined by Alberta Education.
  11. The Principal/site supervisor shall authorize all site expenditures.

References:

Sections 60, 61, 113, 116, 145, 146, 147, 148, 149, 150, 151, 152 School Act

School Authority Accountability policy 2.1.1

Business Plans and Results Reports policy 3.2.1

Accountability in Education – Policy Framework, June 1995

Guide to Education Planning and Results Reporting

Board Policy 2 Role of the Board

Board Policy 12 Role of the Superintendent

 

Revised March 2014