Budget Adoption

  • graphs and charts read budgetIn accordance with state law and good accounting principles, the Waxahachie ISD Board of Trustees annually adopts a budget for the next fiscal year. The budget process usually begins early in the spring (February) and through meetings with every principal and department head, is worked into a roadmap of financial spending for the impending fiscal year. After holding a public hearing on the budget, the trustees usually adopt the proposed budget at the August meeting preceding the fiscal year the budget covers.


    Waxahachie ISD operates in a fiscal year that begins September 1 each year and ends the subsequent August 31. For a plan of spending for the District to be useful, the budget has to be a flexible and adjustable document.  From time to time, plans and ideas change with new leadership and, as needs change, the budget changes. When the budget is changed within the fiscal year, it is through a budget amendment. Budget amendments that move funds between functions are approved by the Board of Trustees before they are available for use.

     

     

    By posting the original board-adopted budgets, we hope to give stakeholders the opportunity to review our financial roadmap from year to year and see where we have made changes. Having multiple budgets available should enhance the end user's ability to compare budgets across multiple fiscal years.