DJB-R Purchasing Procedures

On January 14, 2019 By Miami Yoder JT-60

NOTE:  Colorado school districts that receive federal funds are required by federal law to adopt procurement procedures and the law contains some specific direction as to the content or language. This sample regulation and the accompanying policy contain the content/language that CASB believes best meets the intent of the law. However, the district should consult…

Read More

DEB Loan Programs

On July 15, 2015 By Miami Yoder JT-60

(Funds from State Tax Sources) Short-term borrowing The superintendent shall notify the Board when it becomes evident, early in the fiscal year before substantial tax moneys have been received, that cash balances will not meet anticipated obligations. Under such circumstances the Board may negotiate, under the provisions of Colorado statutes, for a loan in such…

Read More

DBG-E Deadlines in Budgeting Process Set by Statute

On July 24, 2014 By Miami Yoder JT-60

By December 15 – Board of Education must certify to Board of County Commissioners the separate amounts necessary to be raised by taxes for the school district’s general, bond redemption, transportation and special building funds [C.R.S. 22-40-102 (1); C.R.S. 39-5-128] By June 1 – Proposed budget must be submitted to Board of Education for tentative…

Read More

DBG Budget Adoption Process

On July 24, 2014 By Miami Yoder JT-60

Following consideration of the budget proposal presented by the administration, the Board shall approve a proposed budget. Within 10 days of submission of a proposed budget to the Board, a notice shall be published in a newspaper having general circulation within the school district that: 1.  The proposed budget is available for inspection by the…

Read More

DB Annual Budget

On July 24, 2014 By Miami Yoder JT-60

The annual budget is the financial plan for the operation of the school system. It provides the framework for both expenditures and revenues for the year and future years and translates into financial terms the educational programs and objectives of the district. Budget process Public school budgeting is regulated and controlled by statutes and by…

Read More

DAB-E Financial Administration – Exhibit

On July 24, 2014 By Miami Yoder JT-60

(Timeline for Online Posting of Financial Information) The Public School Financial Transparency Act, C.R.S. 22-44-301 et seq. (the Act) requires the district to post financial information online, in a downloadable format, for free public access, in accordance with the following timeline. The Act requires the district to update any required information within sixty days of…

Read More

DAB Financial Administration

On July 24, 2014 By Miami Yoder JT-60

With respect to the actual, ongoing financial condition and activities of the district, the superintendent shall not cause or allow fiscal jeopardy or a material deviation from the annual budget or any budget policies adopted by the Board, or any fiscal condition that is inconsistent with achieving the district’s objectives. Expending district funds The superintendent…

Read More

DN School Properties Disposition

On July 24, 2014 By Miami Yoder JT-60

It shall be the policy of Miami-Yoder School District to dispose of surplus worn-out and unusable school property. Board policy encourages competitive bidding for surplus or obsolete property at public sale whenever possible. Obsolete or worn-out equipment equal to or in excess of $500.00 replacement value shall be sold or otherwise disposed of only upon…

Read More

DA Fiscal Management Goals/Priority Objectives

On July 24, 2014 By Miami Yoder JT-60

The Board recognizes that money and money management comprise the foundational support of the whole school program. To make that support as effective as possible, the Board intends: 1. To require advance planning through the best possible budget procedures. 2. To explore all practical and legal sources of revenue. 3. To study and guide the…

Read More

DEA Funds From Local Tax Sources

On July 24, 2014 By Miami Yoder JT-60

Mill Levies If the Board of Education is of the opinion that revenues in excess of those provided through equalization program funding are necessary to provide for the needs of the district, the Board may seek authorization at an election to raise additional local property tax revenues.  The requested amount shall not exceed 25 percent…

Read More