Finance Reports

Finance and Budget Reports

Per Section 7.2.1 of the FOBES Bylaws:

The Board shall present to Membership a budget of anticipated revenue and expenses (the “FOBES Forecasting Budget”) for the upcoming school year no later than May 1 of the current school year. The FOBES Forecasting Budget shall be used to guide the activities FOBES intends to support during the upcoming school year, including serving as approval for anticipated expenditures. By September 30 of the following school year, the Board will finalize, and Membership will vote and approve the Proposed FOBES Operating Budget based on actual funding generated and/or received from the previous school year and any funding needs specified by Broadway Elementary School for the current school year. Once approved, the Proposed FOBES Operating Budget will become the Final FOBES Operating Budget. The Final FOBES Operating Budget will be provided to Membership including any and all deviations from the FOBES Forecasting Budget.