Agenda Item
Meeting Date: 2/21/2018 - 6:00 PM
Category: Discussion and / or Possible Action Item(s)
Type: Info/Action
Subject: Budget Development Principles and Priorities
District Goals:
Goal 1
Student Achievement for All
Goal 2
Safe, Secure and Nurturing Schools
Goal 3
Parent and Community Partnerships
Goal 4
Quality Workforce in a Positive Environment
Goal 5
Effective and Efficient Use of Resources
File Attachment:
Summary: The CISD Budget Development Principles are critical to ensuring the effective and efficient use of resources. The following six tenets will serve as a guide for achieving academic success and fiscal responsibility:

1) Conservative approach to revenue generators
2) Aggressive approach to expense drivers
3) Student/classroom-centric budget management model
4) Connect expense drivers to revenue generators
5) Protect fund balance for rainy days
6) Current students/taxpayers should receive current benefits and investments

In addition to these principles, the district is also developing a list of budget priorities by surveying stakeholders and asking them to prioritize specific items in the areas of: academics, technology, facilities/operations, safety/security/student operations, communications and technology. The results of this survey will be shared with the board at a later date.
Budgetary Impact:
Recommendation: Recommend approval of the Budget Development Principles as presented.
Recommended By:
Signed By:
Stacey Adrian - Director of Accounting and Finance
Signed By:
Michael McFarland - Superintendent
Vote Results:

Original Motion
Member Lyndsae Benton Moved, Member Ryan Ray seconded to approve the Original motion 'Recommend approval of the Budget Development Principles as presented.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
June Davis     Yes
Ryan Ray     Yes
Mia Hall     Yes
Gary Grassia     Yes
Lyndsae Benton     Yes
LaTonya Mayfield     Yes
Nedra Robinson     Yes