FISCAL ACCOUNTABILITY

Action Steps:

Advocate for federal, state, and local funding to support the District’s strategic plan and goals

Progress Update 9/6/22

• Ongoing effort to ensure funding from state & federal sources, including participation in Pikes Peak Alliance, PPASBO, FPP, Colorado School Finance Project (CSFP) , and CASE Legislative Committee meetings

• NAFIS conference attended virtually semi-annually

Ensure the strategic plan and goals of the District align with the Board of Education policies

Progress Update 9/6/22

• Budget parameters developed by the Executive Team are aligned to the strategic plan priorities

• Commit to following a fiscally responsible strategic plan and communication of the plan to all stakeholders

• Developed budgets for each fund annually

Prioritize budget decisions that are aligned to strategic initiatives

Progress Update 9/6/22

• Long-range planning based on replacement cycles for Capital Projects Fund

• Prepare 5-year projections for the general fund and building fund based on student projections

Ensure sound fiscal controls in compliance with local, state, and federal regulations, including oversight of expenditures at all levels

Progress Update 9/6/22

• • • • All budget requests were collected, reviewed and summarized by the Asst. Supt. Of Business and the Dir of Finance

      • Exec team reviewed and prioritized funding requests based on strategic plan goals and available resources

      • Additional oversight required for federal funding, specifically pandemic-related grants (ARP, ESSER, CRF)

Provide schools with adequate resources, materials, and supplies to support students and staff

Progress Update 9/6/22

• School allocations adjusted based on available revenues and other district priorities

• Align school allocations with District instructional goals

• DAAC budget priorities submitted to BOE in May and used to guide budget development