INTRODUCTION
Overview
OVERVIEW
Welcome to the website for the 2025 Center Grove budgets. Here you will find information about the three major funds that we are required to adopt each year in a public meeting. Here are some basic facts about the budgets:
- The budget will be voted on by the school board on October 10, 2024.
- These budgets are all based on the calendar year: January 1, 2025 through December 31, 2025.
- This adoption process is guided by rules established by the State Board of Accounts and the Department of Local Government Finance.
- A new structure was adopted by the state of Indiana for 2019 school budgets. That structure includes three major funds, as noted on the tabs on these pages: Education Fund, Operations Fund, and Debt Service Fund.
- Each of these funds has its own set of rules controlling what they can be spent for, how much revenue will be received, how they can be changed, etc.
- Each of these funds acts as if it were in its own “buckets” (see illustration below). We have limited ability to move expenses or revenues between funds.
Activity Timeline
2025 BUDGET PREPARATION SCHEDULE
SCHEDULED | ACTUAL | TASK |
---|---|---|
March 15, 2024 |
3/15 |
Submit ADM estimate to the State |
April 12, 2024 |
4/12 |
First draft of staffing decisions made by Superintendent’s Council and the Board |
June 30, 2024 |
6/30 |
General Fund Revenue projections available |
July 8, 2024 |
8/23 |
Business Office review of all budgets completed |
July 17, 2024 |
7/17 |
First budget draft presented to Superintendent’s Council |
August 1, 2024 |
8/7 |
Auditor certifies pay-2024 Assessed Values |
July 31, 2024 |
7/31 |
First day of school for students (original schedule) |
August 15, 2024 |
8/15 |
Last review of negotiations with SAC and the Board |
August 28, 2024 |
8/30 |
Budgets “closed” for further changes |
Aug. 30, 2024 |
8/30 |
Budgets (spending plans) transferred into the Gateway system |
Sept. 6, 2024 |
8/3 |
All state budget forms (draft) entered into Gateway system |
Sept. 19, 2024 |
9/19 |
Public hearing of the proposed 2023 Budget, Bus Replacement Plan, and Capital Project Fund Plan |
Oct. 1, 2024 |
Official ADM Enrollment Count Day |
|
October 10, 2024 |
Proposed 2023 Budget, Bus Replacement Plan, and Capital Asset Plan adopted by the Board |
|
October 28, 2024 |
All final approved budget forms posted in Gateway |
|
December 2023 |
DLGF provides 1782 draft notice |
|
January 2024 |
Final 2025 budget received; Transfer Resolution approved by the Board |
|
February 3, 2025 |
Second ADM enrollment count day |
Assessed Value
ASSESSED VALUE
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Budget Worksheet
BUDGET WORKSHEET
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Miscellaneous
MISCELLANEOUS
- Board Presentation (Updated after 9/19 Board Meeting)
- Board Adoption Resolution (Form 4 - Updated after 10/10 Board Meeting)
- Board Resolution Blanket Appropriation Modification
- Board Resolution to Transfer Amounts from Education Fund to Operations Fund
- Tax Rates - Area Schools
- Tax Rates - Greenwood & Bargersville