Saturday, February 26, 2011

Budget Interview

1.  I learned that a Needs Assessment Committee (NAC) consisting of school leaders, teachers, parents, and anyone else associated with the school is needed to provide feedback regarding the needs of the school for the upcoming school year.
2.  The needs of the school are then included in the Campus Improvement Plan.
3.  Finance uses the information in the CIP to plan the school budget.
4.  The school recieves money from the state based on student enrollment, type of students, estimated property tax revenue, and any other laws made by the Texas legislator that year. 
5.  The majority of the state funding for education is based on property taxes.  The property tax revenue is decreasing, so this means that the state can not provide the schools with the same amount of funding like in previous years.