Budget Planning Underway

PSD Planning Budget Process for 2010-11

2010-11 Budget Process: The 2010-11 budget development process is underway.  Watch for more information here in early December!

2009-10 Budget Process: Budget manager Dave Montoya presented the PSD 2009-10 preliminary budget to the Board of Education on May 26.  The budget was approved by the Board in June 2009.

PSD's Parents, community members, and PSD staff attended budget information and input meetings in January and February 2009 to learn about the budget development process and provide input.

PSD’s annual budget process is the foundation for financial planning and budgetary oversight.  PSD had total expenditures of $178,763, 413 in fiscal year 2008, and is in the process of developing the 2009-10 budget.

Input received at January and February 2009 meetings:
Community input meetings were held Jan. 28 and February 2.  An information/input meeting was also held Jan. 15 in conjunction with the parent District Advisory Board meeting. 

• Click here (49 KB) to view input from parent, community and staff attending. 
• Themes (26 KB)   were developed from this input, along with other sources of input, to use in budget decision-making, following the timeline listed below. 

Preliminary budget presented Feb. 24 to Board of Education:

• PSD Budget Manager Dave Montoya presented the preliminary budget (3 MB) to the Board of Education at its Feb. 24 meeting.

Following are key dates for development of PSD's 2009-10 budget:

• Jan. and Feb: PSD held budget info/input meetings
• Feb. 20: Colorado rate of inflation announced (3.9%)
• Feb. 24: PSD presents preliminary budget to Board of Education
• Mid/late February: Federal stimulus or stability for education funding decision (tentative)
• March 13: PSD announces preliminary Student-Based Budgeting (SBB) allocations to schools
• March 20: Colorado quarterly economic reports released
• Feb. – May : PSD revises budget assumptions and priorities, based in information and input 
• March - May: Budget discussions during PSD employee negotiations sessions
• Late April/early May: Legislature adopts K-12 funding in the Colorado School Finance Act
• May 26: PSD Administration presents preliminary budget to Board of Education (public comment)
• June: Board action to adopt 2009-10 budget

A new budget development process is being implemented for the 2009-10 budget to help develop overall budget assumptions earlier in the year.   The process, similar to the process used in previous years, will be phased in over two years. 

Benefits of the new budget process include:

• Setting overall budget goals and expectations;
• Encouraging more input from the community, employees and district departments to identify future budget needs and areas for greater efficiencies; and
• Increasing flexibility due to internal and external budget constraints.

For additional information, contact Dave Montoya, PSD Budget Manager, at 490-3355, or email davem@psdschools.org.