The instrument that sets forth an annual financial plan for the school district and community goals.
Establishes maximum amounts the district can spend for each fund.
Provides a means of measuring and guiding performance by comparing planned expenditures and staffing levels against actual expenses and staffing levels.
Must be balanced. For example, beginning fund balance plus revenues must equal or exceed expenditures in each fund.
Covers the fiscal year, from September 1 to August 31 of the following calendar year.
Must be formally adopted by the Board of Directors each year, and a copy submitted to the state.
Provides the historical data required for realistic future budget preparation.
A chart illustrates our recent history of budget deficits---representing percentages of the annual operating budget that needed to be reduced or supplemented from reserves before the Board of Directors approved adoption. Reductions in staff, programs, and the fund balance were necessary to balance the budget in most of the years shown. A failed levy in 2000 resulted in the largest deficit in recent history. Since 2000-01, budget deficits have resulted from a combination of a declining student enrollment and reduced State funding. Click here to view this chart.
The State of Washington Office of the Superintendent of Public Instruction (OSPI) publishes a financial summary every year that provides comparable data about all school districts. Click here to view the reports from OSPI.
SouthKitsapSchool District has developed three charts to compare South Kitsap with our neighbors and comparable sized school districts. Seattle and TacomaSchool Districts are included for additional interest and perspective. Click here to view the charts.
Questions and Answers
Frequently asked questions about South Kitsap School District's budget.