The FY 2016 BUDG25 reports have been updated to include for values from the FY 2015 BUDG75 reports, as posted on 11/9/2015, with the exception of any FY 2015 over expenditure(s). Any FY 2015 fund over-expenditure amount(s) will not be reflected on the FY 2016 BUDG25 until January.
To Revise or Not to Revise by December 15th
In direct follow-up to the BUDG25 letters that were published October 26, 2015, if the district is still over budgeted or has become over budgeted in either M&O and/or Unrestricted by 1% of the GBL (excluding capacity attributed to the K-3 Reading Add-On not being calculated in the district’s RCL), then a December 15th revision is required. However, if the November FY 2016 BUDG25 report now indicates that the district is no longer over budgeted in either or both funds by 1% of the GBL then a December 15th revision is not required.
Please email any budget-related questions or concerns to [email protected]