DBC: BUDGET DEADLINES AND SCHEDULES

FILE: DBC
 
Preparation of the annual budget will be scheduled in stages throughout the school year with attention to certain deadlines established by law and charter.
 
Superintendent presents next fiscal year’s budget to School Committee – no later than the first Tuesday in January.
 
The calendar year for budget preparation will be determined by calculating backwards from the final adoption date: the annual town meeting, held on the first Monday in March. Dependent on the date thus set, the following will be scheduled:
Two weeks or more before the annual town meeting  – Publication of the budget for the meeting, by the Selectmen
Not less than 30 days before the annual town meeting – Appropriation Committee holds a public meeting on its proposed recommendations for the articles in the budget to be published as above.
 
Whatever dates assigned the above, the final date for the submission of the budget to the Selectmen will be arranged cooperatively with the School Committee, Appropriation Committee and the Town Manager. The Selectmen have authority to impose a date as early as December 31.
 
In reaching its decision on the budget amount that it will submit to the Selectmen, the School Committee will also observe the statutory requirement of holding a public hearing on the proposed budget not less than seven days after the notice for this hearing has been published in a local newspaper.
 
Established by law and charter
 
LEGAL REFS.:
M.G.L. 30A:18-25; 940 CMR 29.00

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