Board of Directors » Budget

Budget

Important Dates

Monday, March 15, 2021 Superintendent presents Recommended Budget to Board
Monday, March 29, 2021 Board Budget Workshop
Monday, April 26, 2021 School Board Adopts FY 22 Budget
Monday, May 10, 2021    Remote Public Hearing on Proposed Budget
(Virtual Meeting)
Tuesday, June 8, 2021 Public Validation Referendum
 
 
Monday, May 10, 2021 - 6:30 PM (virtual meeting)
Remote Public Hearing on Proposed 2021-2022 Budget
 
 
 
 
If you wish to WATCH the public hearing without speaking, you may do so via the District's YouTube Channel at: YouTube LIVE http://bit.ly/msad51livevideo
 
 
If you wish to SPEAK during the public hearing, you may do so via the instructions below.
 
Ways to participate in a Virtual School Board meeting
Important: Be sure to include your name and town of residence if you are a MSAD #51 resident, or position if you are an employee.
 
Budget documents
 
04/26/21 Board of Directors Meeting
Superintendent's FY 21 Budget Presentation
 
 
 
The Board recognizes that financial resources and the proper management of same are fundamental to the support of school programs and operations. With this in mind, the Board will develop and present an annual operating budget as directed by applicable laws. The annual budget will be for a 12-month period covering the fiscal year July 1 through June 30. The Board shall designate the Superintendent as its budget officer, but he/she may delegate portions of such responsibility as appropriate. The three general areas of responsibility of the budget officer are budget preparation, budget presentation and budget administration. Adoption of the annual budget is to be accomplished prior to June 30 for the fiscal year beginning July 1.
The budget shall include, in addition to operating expenses and expected income for the ensuing year, the sums required for meeting bonds falling due, interest on the bonds and on other obligations, rentals and other fixed charges. These proposals shall be thoroughly explained and the voters shall be given an opportunity to be heard. Only those amounts pertaining to operating expenses, reserve or contingency funds, or capital outlay expenditures shall be subject to change by the voters