Budget

Defense
Katia Sachoute
EAD 510 Educational
Finance
December 21,2022
 Table of Contents
❑Objective/Mission Statement (pg. 3)
❑The Budget Development Process (pg.4)
❑Visual of Major Budget Components (pg. 5-6)
❑Justification of Expenditures (pg.7)
❑Loss of Teaching Position/Alternative Solution (pg.8-9)
❑Continuous School Improvement Plan (pg.10-11)
❑Resources (Human, Fiscal, and Technology) (pg. 12)
❑Student Needs (pg. 13)
❑Monitor/Evaluate Plan (pg. 14)
❑References (pg.15) 2
 Mission statement
Bethune Academy values the unique
qualities of each person and believes
that everyone has the capacity to
learn. We expect all learners to:
•Attend and show effort
•Meet the required curriculum
Objective
Review the process of a budget
•Develop responsibility, citizenship cut to a school’s budget and the
and leadership
removal of a teacher’s position

20XX 3
 THE BUDGET PROCESS

Public Review:
Development Needs Budget Committee: The community,
of the budget Assessment: Come together, gather staff and other
starts with the Survey provided and analyze data stakeholders
review of the to stakeholders process starts during come together in
previous data the current school year. an open forum to
review the budget
4
 BUDGET COMPONENTS
Our school district’s override initiative failed. As a result, we have
been notified that we must cut one teaching position and cut 10%
from our site budget.
Revenues
Revenues State Funds State Funds $38,986
Federal Funds Federal Funds $40,080
Real Tax Items
Real Tax Items $3,020
Other Tax Items $5,800
Other Tax
Items Non-property Tax
Non-property Items $7,000
Tax Items
Charges for Charges for Services $3,000
Services
Other Funds $8,000
5
 BUDGET COMPONENTS
Our school district’s override initiative failed. As a result, we have been
notified that we must cut one teaching position and cut 10% from our
site budget

2022-2023 2023-2024
REDUCTION OF $10,588.60
School Year School Year
105,886 95,297.40

6
 Justification of Expenditures
Expenditures by Function Amount(Operating Funds)

1000 Instruction $36,000

2100 Pupil Services $17,000

$2, 168
5110 Media Services

2400 School Administration $14,000

2700 Transportation $3,111

Total Amount $72,279.00

7
 Justification of Expenditures
(including staff and Technology resources)
• Operating Cost
• 10% will be cut from the general • Technology
operating cost • We will not cut anything
from this area. Due to
the other areas making
Personal Operations $105,886 up the difference
Total Expenditures

10% Cut $10,588.60

Actual Amount Cut
95,297.40

8
 Addressing the Budget Cut & Deficit
Justification for the one teacher to be released
• The decision will be to not renew the
contract of one of the teachers that is
currently not certified to teach at a Title I
school. Title I requires that the teacher is
certified and within field. This will deduct
$46,000 from the personnel salary
budget with an additional $20,000 for
employee benefits.
• We will make the adjustment regarding
the class sizes for the next school year.
We are currently below the districts class
size requirements due to our small school
population therefore this will not affect
the academic success of the students.
9
Support of the School’s Mission, Vision and CIP
Vision Mission
The Vision of Bethune is
to to be a leader in We expect all learners to:
Science, Technology, •Attend and show effort
Engineering and
Mathematics (STEM) the •Meet the required curriculum
plan is to ensure that •Develop responsibility,
those areas are not
affected in the budget citizenship and leadership
CIP cuts and more funds are Therefore, the curriculum that is
We will continue to allocated in the STEM
monitor the plan to provided at Bethune will
fields
ensure that it is properly continue to be rigorous and
working for our school challenging despite the budget
and make the necessary cuts
adjustments if needed.

10
 Using Human, Fiscal, & Technological
Resources to Manage School Operations

Technology
Human Fiscal
• Stakeholders Bethune Academy is a 1-to-1
The daily operations school (each student has an iPad).
• Site Leaders are managed The budget will continue to
• School Staff and through the encourage a level of instruction be
personnel resources provided conducted on the iPad throughout
by the federal/state the school year. Teachers are
• Ongoing Teacher and local funding encouraged to use the devices
Support and daily
Training

20XX Contoso business plan 11

 Community Resources to Support Areas
Cut in the Budget
• Community support is extremely important for
our school. The different ways that we will work
towards keeping their support is allowing the
PTA opportunities to hold community functions
at the school
• We partner with Miracle Toyota and will
continue to do so each month, where they
provide student with different prizes during our
cadet of the month
• We will continue our partnership with
Polytechnical College to enrich our STEM
Lab/Program
12
 BUDGET ADVOCATES FOR STUDENT NEEDS

❑ When modifying the budget due to the cut there was a focus on not cutting
back on areas of academic needs

❑ Although a teacher was removed from the school due to the

circumstances, we ensured that this was not from a core class and did not
affect the classroom sizes in ELA/ Math courses

❑ We are a Title I school therefore we will continue to provide the

appropriate tutoring and mentoring programs as before

13
 Current Political Initiatives
and Emerging Trends
• Post-Covid we are incorporating technology so much
more in connection to the way that students learning-
1:1 computerized programs/devices for students which
are the requirements towards 21st century schools.

• Creating environment that encourages collaborative

learning and differentiating instruction.

• Professional Learning Communities and continuous

training of our classroom teachers.
20XX Contoso business plan 14
 • Review the needs and set the
appropriate goals with clear
objectives
• Create a clear way to review the
areas that are working and what
needs to be modified or
removed
• Outline the timeframe to attain
The way the school will monitor plan
the desired outcome
• Review the collected data
• Bring the committee and
stakeholders into a review of the
outcomes 15
 References
GFOA Executive Board,.(2015, January) Best Practices in School District
Budgeting. In Government Finance Officers Association. Retrieved from
https://www.gfoa.org/best-practices-school-district-budgeting

Sorenson, R. D., & Goldsmith, L. M. (2018). The principals guide to school

budgeting (3rd ed.). Thousand Oaks, CA: Corwin.

National Policy Board for Educational Administration (2015).

Professional Standards for Educational Leaders 2015. Reston, VA:
Author.
16