The annual budget is the financial expression of the educational program of the school department, and it mirrors the problems and difficulties that confront the school system.
The budget then is more than just a financial instrument and requires on the part of the Committee, the staff, and the community orderly and cooperative effort to ensure sound fiscal practices for achieving the educational goals and objectives of the school system. Public school budgeting is regulated and controlled by state and federal legislation, state and federal regulations, the Code of Lexington, Lexington School Committee policies and Superintendent’s directives. The operating budget for the school system will be prepared and presented in line with state policy and regulations and will be developed and refined in accordance with these same requirements.
The Superintendent will serve as budget officer but he/she may delegate portions of this responsibility to members of his/her staff, as he/she deems appropriate. The three general areas of responsibility for the Superintendent as budget officer will be budget preparation, budget presentation, and budget administration.
M.G.L. 70:1-15; 71:34; 71:37 and 71:38N
603 CMR 10.00

Lexington Public Schools, Lexington MA
Adopted by Lexington School Committee: July 2015