The FY13 Budget presented for your review has been changed when compared to prior year presentations. In an effort to simplify the budget, fewer pages are presented in a summary form with the aim of making it easier to understand.
There are six exhibits for your review. The first exhibit is a presentation of financial data in a Function Summary. This means that the numbers you are viewing have been presented by the areas of activities that take place in the school. Within each area of activity there are a number of categories of expenditures and they are known as Objects, and the Object Summary is the second exhibit that is presented. The third exhibit is a combination by showing each function with the object codes by amount. In the index you will find a description of what activities take place in the functions and what each of object expenditure is about. Exhibit 4 is the Revenue Budget, Exhibit 5 is the estimated tax rate calculation and Exhibit 6 is a worksheet showing the major changes in the budget between FY12 and FY13. Please note that the Tax Rate calculations may be changed by Legislative action later this spring. Click here for more.
