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Packet outlines budget timeline and assumptions ahead of annual meeting
Summary
The packet provides a month-by-month budget timeline (decisions from December through October), lists key statutory deadlines (October 15 equalized aid certification), and enumerates assumptions used for the 2024–25 budget, including enrollment counts and valuation timing.
The School District of Ashland budget packet lays out a schedule for budget development — preliminary projections in December/March, summer work requests due in March, building budget presentations in March/April, board presentation of a preliminary budget in May/June, and statutory milestones such as the Department of Revenue's equalized value and the state's October 15 certification of equalized aid. The packet emphasizes that many determining factors for the operating budget occur after the fiscal year begins in July.
Budget assumptions listed include that the September enrollment FTE (third Friday in September), summer school enrollment FTE, exempt computer property valuation, equalized property value and equalized aid are determined in October; the packet also notes the elimination of 'high poverty aid' for 2023–24 and that revenue-limit calculations depend on the state budget. These dates and assumptions inform the district’s preliminary levy calculation and budget planning.
