Budgeting Internal Audit April 15, 2015

Transcription

1 Budgeting Internal Audit April 15, 2015

2 April 15, 2015 Dear Audit and Accuntability Cmmittee: We thank yu fr the privilege t assist the Internal Audit Department in the perfrmance f the Budgeting internal audit fr Clumbus City Schls (CCS). The scpe f the audit is utlined in this dcument. Our reprt includes the fllwing sectins: Executive Summary, Backgrund, Objectives and Scpe, Prcedures Perfrmed and Summary f Observatins. In reviewing the reprts, it shuld be recgnized that cntrls are designed t prvide reasnable, but nt abslute assurance that errrs and irregularities will be prevented, and that prcedures are perfrmed in accrdance with management s intentins. There are inherent limitatins that shuld be recgnized in cnsidering the ptential effectiveness f the system f cntrls. Fr instance, the prjectin f any evaluatin f cntrls t future perids is subject t the risk that the cntrls may becme inadequate due t changing cnditins and/r that the perating effectiveness f the cntrls may deterirate. Additinally, thugh a review f evidential matter and ther prcedures perfrmed may suggest specific cntrls are functining effectively, there remains the risk that cntrls may nt have been functining effectively r cnsistently thrughut the prir perids. The accmpanying internal audit reprt is the result f ur internal audit cnducted in accrdance with the Statements n Standards fr Cnsulting Services f the American Institute f Certified Public Accuntants. In accrdance with ur engagement letter, this internal audit did nt cnstitute an audit f financial statements in accrdance with generally accepted auditing standards. This reprt has been prepared fr use by the Audit and Accuntability Cmmittee f Clumbus City Schls and Internal Audit. Please cntact me ( /dwens@schneiderdwns.cm) r Angela Gillis ( / agillis@schneiderdwns.cm) if yu shuld have any questins. Sincerely, Dnald R. Owens Sharehlder Internal Audit and Risk Advisry Services cc: Dr. J. Daniel Gd, Superintendent Mary J Hudsn, Audit & Accuntability Cmmittee Chair Carlyn Smith, Internal Auditr

3 Clumbus City Schls Budgeting Internal Audit Reprt April 15, 2015 Table f Cntents EXECUTIVE SUMMARY 1 PAGE BACKGROUND 1 OBJECTIVES AND SCOPE 1 PROCEDURES PERFORMED 2 SUMMARY OF OBSERVATIONS 3 APPENDIX A - CORRECTIVE ACTION PLANS 6 ATTACHMENT A - FY2016 BUDGET PROJECT TIMELINE 9

4 Clumbus City Schls Budgeting Audit Reprt April 15, 2015 EXECUTIVE SUMMARY This reprt summarizes the bservatins f the 2014 Budgeting internal audit perfrmed by Schneider Dwns n behalf f the Internal Audit Department f Clumbus City Schls. The results f ur review are in the subsequent sectins. This reprt summarizes the bservatins identified during fieldwrk and prvides recmmendatins t enhance the prcesses and cntrls with respect t budgeting activities. The details prvided within the bservatins were previusly reviewed with the Internal Audit Department and respective management. In the curse f ur fieldwrk we wrked clsely with persnnel in the Budget & Business Services Department, as well as ther persnnel that supprt budgeting activities. In ding s, we bserved that the staff appears t take great pride in their wrk and are cmmitted t the success f Clumbus City Schls. BACKGROUND As a part f the 2014 internal audit plan, the Clumbus City Schls (CCS r District) Internal Audit Department were tasked by the Bard t perfrm an internal audit f its budgeting activities. The CCS Bard adpts an annual budget by July 1 st f each year, which may be amended any time during the fiscal year as new infrmatin that impacts the budget becmes available. The CCS budget is built n several guiding principles, including the Bard f Educatin s pririties and District gals; investment in early childhd educatin; reading achievement; mathematical achievement; cllege and career pathways; and leadership develpment. CCS strives t make the best use f all funds in servicing its 51,000 students. Develpment f the budget als takes int accunt prjected student enrllment, the increasing csts f mandates and spending requirements, current and frecasted fiscal prjectins, and any need t reduce expenditures. The annual budget serves as the fundatin fr CCS financial planning and cntrl. An bjective f budgetary cntrls is t ensure cmpliance with legal prvisins embdied in the annual apprpriatin reslutin. The legal level f budgetary cntrl (the level at which expenditures cannt legally exceed the apprpriated amunt) is established at the fund level. The CCS Treasurer is authrized t allcate Bard apprpriatins t the functin and bject level within each fund. There is a level f uncertainty in CCS financial frecast due t nging changes in the ecnmic climate and legislative activities arund the State s biennium budget that ccur every tw years. OBJECTIVES AND SCOPE The primary bjectives f the Budgeting internal audit included the fllwing: Budgets are established cnsistent with CCS strategic plan, fiscal strategy and financial frecasts Suitable budgetary cntrl framewrk is in place Management reprts enable management t effectively mnitr CCS financial psitin Suitable timetable fr budget setting is in place and is adhered t by all senir management invlved in budget setting Budgets are based n the resurces needed t achieve the peratinal plan rather than histric budget figures Budgets are linked t rganizatinal bjectives and targets utlined in the strategic plan Budget dcuments prvide an apprpriate level f detailed infrmatin t prperly infrm stakehlders f CCS activities Where apprpriate, public feedback is taken int accunt during budget frmulatin Page 1 f 11

5 Clumbus City Schls Budgeting Audit Reprt April 15, 2015 Plans frm individual budget hlders in the rganizatin (departments, units, buildings, etc.) are supprted by an bjective analysis f csts, by expenditure categry, (e.g. staff expenditure, materials, transprt and capital csts, etc.) Staff expenditure is apprpriately supprted by the number f full-time equivalent staff, average wages and expected ttal staff csts Suitable assumptins made when develping the budget are clearly identified Capital budgeting is fully integrated in the budget prcess Develpment f departmental budgets, and the final apprval f thse budgets, apprpriately invlves the managers wh will be cntrlling the budgets Variances between budget and actual are analyzed n a peridic basis and unusual variances are investigated as t the cause Management peridically revisits frecasts t adjust t recent perfrmance, using suitable expenditure reprts and ther analyses PROCEDURES PERFORMED Review f prcess and cntrl dcumentatin was perfrmed t assess the adequacy f the design f cntrls identified during the walkthrughs and cnfirm whether the cntrls were prperly placed in peratin. In additin, walkthrughs f budgeting prcesses and cntrls were perfrmed t further understand prcesses, assigned respnsibilities and key cntrls. Once the critical prcesses and cntrls were identified, the identified cntrls were tested t assess their perating effectiveness using sampling f transactins where apprpriate. This infrmatin was then used t assess residual risk and identify cntrl gaps that may need remediatin r perfrmance enhancement pprtunities t further strengthen budgeting practices. The specific areas reviewed, and tasks perfrmed, are as fllws: Interviewed pertinent persnnel within the Budget & Business Services Department t understand the prcesses, prcedures and cntrls in place with respect t budget develpment, peridic review and mdificatin, and reprting Reviewed plicies and prcedures fr alignment with regulatry requirements (where applicable), internal cntrls and leading practice prtcls Prepared a matrix f risks and crrespnding cntrls t identify if there are gaps in the design f the cntrl envirnment Obtained and inspected the prject plan that utlined the steps, apprvals required and timeline fr the redesigned CCS budgeting activities Perfrmed the fllwing: Assessed the prject plan s cmpleteness with respect t inclusin f relevant and critical tasks Assessed the prject plan s timeline fr reasnableness cnsidering the activities and apprvals required in cmparisn t the gals t be achieved Verified that the prject plan included a dashbard fr peridic updates t CCS management Verified that the plan required the apprpriate apprvals at peridic milestnes as evidenced by signature and date Reviewed a listing f MUNIS system users and determined if access t the budgeting mdule is apprpriately restricted based n jb duties Prepared a segregatin f duties matrix t assess that critical functins have been prperly segregated t safeguard assets and assign prper accuntability Evaluated the structure and prcedures fr the Allcatins Cmmittee and assessed the fllwing: Charter and dcumented prcedures exist fr the Cmmittee that utline the Cmmittee s purpse, respnsibilities, member term limits, selectin criteria, reprting structure, etc. Page 2 f 11

6 Clumbus City Schls Budgeting Audit Reprt April 15, 2015 Apprpriate CCS departments have representatives n the Cmmittee Cmmittee members appear t be bjective Individual cmmittee members d nt vte n requests fr their wn department Cmmittee reprts its decisins and actins t the apprpriate parties (department requesting the change, Finance, an versight cmmittee, etc.) Observed an Allcatins Cmmittee meeting. Obtained and inspected the agenda and cmmittee packet. Perfrmed the fllwing: Validated that the MUNIS reprts utilized fr discussins were apprpriate, relevant and timely Verified that there existed sufficient and apprpriate dcumentatin t evidence the discussin and any actins t be taken Evaluated the structure and prcedures fr the Finance and Apprpriatins Cmmittee and cncluded n the fllwing: Charter and dcumented prcedures exist fr the Cmmittee that utline the Cmmittee s purpse, respnsibilities, member term limits, selectin criteria, reprting structure, etc. Cmmittee members are independent and bjective Observed a Finance and Apprpriatins Cmmittee meeting. Obtained and inspected the agenda and cmmittee packet and verified that there existed sufficient and apprpriate dcumentatin t evidence the discussin and any actins t be taken Obtained and inspected training dcumentatin fr Budget & Business Services Department staff, as well as CCS management invlved in the budgeting prcess (at the department level) Reviewed the Allcatins Cmmittee, Audit and Accuntability Cmmittee and Bard meeting minutes t assess if versight and mnitring f budgetary activities and internal cntrls is evident SUMMARY OF OBSERVATIONS Based upn the prcedures perfrmed, several bservatins having varying degrees f risk were nted. The fllwing table utlines the risk ratings assigned t each bservatin. The definitin f each rating s significance is nted belw. Observatins Lack f Updated Bard Plicies X 2. Oversight f Budgeting Prject Plan and Timetable X 3. Lack f a Budget Handbk X 4. Lack f Budgeting Department Screcard and Metrics X 5. Budgeting Prcess Training Nt in Place X 6. Oversight f the Allcatins Cmmittee X NOTE: 1-high/unacceptable risk requiring immediate crrective actin; 2-mderate/undesirable risk requiring future crrective actin; and 3-lw/minr risks that management shuld assess fr ptential crrective actin. Page 3 f 11

7 Clumbus City Schls Budgeting Audit Reprt April 15, 2015 The sectins belw cntain the bservatins frm the internal audit. Each bservatin includes the cnditin identified during the audit and recmmendatins t enhance the cntrl envirnment. Observatin 1 - Lack f Updated Bard Plicies The 3112 Plicy indicates that the budget shuld relate t curriculum pririties. Thrugh inquiry with the Executive Directr f Budget & Financial Management, the future state f the budgeting prcess will instead link budget decisins t District gals. Recmmendatin: Management shuld update the 3112 Plicy s curriculum pririties t state District gals. Further, management shuld revisit all plicies pertaining t the budgeting prcess and update them as apprpriate. Observatin 2 - Oversight f Budgeting Prject Plan and Timetable As f the end f audit fieldwrk, the prject plan and timetable fr the upcming 2016 budget had nt yet been presented t and apprved by the Finance & Apprpriatin Cmmittee. Recmmendatin: The budgeting prject plan and timetable shuld be reviewed by the Finance & Apprpriatins Cmmittee with that review dcumented in the Cmmittee s minutes. Observatin 3 - Lack f a Budget Handbk As nted in Plicy 3111 and Regulatin 3113, CCS Bard f Educatin mandates a budget handbk is t be created and maintained. The budget handbk must depict the financial structure f the District and specify the prcess f frmulating and executing the District s financial plan. Upn inquiry, n budget handbk existed. Recmmendatin: Management shuld either update Plicy 3111 and Regulatin 3113 t fllw current budgeting practices r develp and distribute a budget handbk t maintain cmpliance with Bard plicy. Observatin 4 - Lack f Budgeting Department Screcard and Metrics As f the end f audit fieldwrk at December 31, 2014, it was nted that the Budget & Business Services Department was wrking n develping metrics fr its evaluatin prcess. Recmmendatin: Management shuld develp a detailed balanced screcard fr a peridic (annual) perfrmance evaluatin f the budgeting functin and related activities, including the fllwing key perfrmance metrics: Meeting shrt-term bjectives and status f meeting lng-term bjectives and the crrespnding District gals Achieving the strategic directin f the District Page 4 f 11

8 Clumbus City Schls Budgeting Audit Reprt April 15, 2015 Metrics shuld be dcumented t be measurable where apprpriate (bjective vs. subjective). Results f the perid, when cmpared against the metrics, shuld be dcumented and cmmunicated t the apprpriate parties within the District, as determined by the Bard. Observatin 5 - Budgeting Prcess Training Nt in Place Per inquiry with management, it was nted that training fr individuals invlved in the budgeting activities f CCS has nt been perfrmed. Recmmendatin: Management shuld develp a training plan and schedule that is mandatry fr all emplyees invlved in the budgeting activities. Attendance shuld be mnitred and tracked, and be a cmpnent f each emplyee s perfrmance metrics r review. Observatin 6 - Oversight f the Allcatins Cmmittee Per inquiry with management and bservatin f a meeting f the Allcatins Cmmittee, it was nted that the Cmmittee is a critical decisin pint fr all psitins at CCS. Decisins made by the Allcatins Cmmittee are cmmunicated t Human Resurces and then t the CCS Superintendent. Hwever, there is n direct versight f the Cmmittee s activities, decisins and results that are dcumented (including evaluatin f peratins and decisins acrss time fr trends and against the District s gals, results f decisins against key perfrmance indicatrs, etc.). Recmmendatin: Management shuld develp a methd t mnitr and track the results and decisins made by the Cmmittee t determine if the decisins are in alignment with the District s gals. Trends can be analyzed and decisins can be cmpared t previusly set key perfrmance indicatrs n a peridic basis. Additinally, the results and decisins f the Cmmittee meetings shuld be dcumented in minutes. Page 5 f 11

9 Observatin 1 - Lack f Updated Bard Plicies Appendix A Clumbus City Schls Office f Internal Audit Schneider Dwns & C., Inc. Budgeting Audit Crrective Actin Plans Management Respnse: The Bard f Educatin is currently in the prcess f updating all plicies thrugh NEOLA. Bard plicies 6231 (Apprpriatins and Spending Plan) and 6232 (Apprpriatins Implementatin) will address this recmmendatin regarding current plicy 3112 (Budget Preparatin and Presentatin). All budgeting plicies will be updated and incrprated in Sectin Finances - as part f the NEOLA plicies. As part f the FY 2016 general fund budget prpsals, budget managers were required t identify which district gal each line item supprts. Status: Pending Bard f Educatin apprval f NEOLA plicies Observatin 2 - Oversight f Budgeting Prject Plan and Timetable Management Respnse: The FY 2015 budget timeline and prcess was presented t the Bard f Educatin n 11/19/2013. That timeline was then incrprated int the new frmat, which is currently being utilized, n 02/28/2014. The FY 2016 budget prject timeline (Attachment A) was presented during the initial meeting with Schneider Dwns n 09/26/2014. An update n the budget prcess has been shared with the Audit & Accuntability Cmmittee. As part f the regular, mnthly Finance & Apprpriatins Cmmittee meetings, updated timelines are presented. Status: Cmplete Observatin 3 - Lack f a Budget Handbk Management Respnse: The Bard f Educatin is currently in the prcess f updating all plicies thrugh NEOLA. Bard plicies 6231 (Apprpriatins and Spending Plan) and 6232 (Apprpriatins Implementatin) will address this recmmendatin regarding current plicies 3111 and All budgeting plicies will be updated and incrprated in Sectin Finances - as part f the NEOLA plicies. Status: Pending Bard f Educatin apprval f NEOLA plicies Page 6 f 11

10 Appendix A Clumbus City Schls Office f Internal Audit Schneider Dwns & C., Inc. Budgeting Audit Crrective Actin Plans Observatin 4 - Lack f Budgeting Department Screcard and Metrics Management Respnse: The Clumbus Administratr Evaluatin Frm includes a sectin devted t resurce management/budgeting. The criteria includes: develps and mnitrs schl/department budgets; demnstrates sund fiscal management by cntaining csts and remaining within budget; cmplies with district financial plicies, prcedures and schedules; identifies and accesses utside funding surces t better supprt educatinal prgrams and/r department initiatives; uses human, material and financial resurces effectively t supprt schl/department gals. Evidence will include the administratr s understanding f the department budget with attentin paid t expenditures and encumbrances; verseeing purchasing f material fr staff; managing human resurces t enable the district t achieve its gals; fiscal respnsibility and adherence t districts financial prcedures utilizing all schl funds (i.e., grants and general fund); management f prcesses t cntribute t cmmunity utreach/inclusin gals; and attentin t equity issues. Gals fr the Budget Office include: The develpment f a practive mnitring prcess fr tracking FY 2015 general fund expenditures. These departmental budget meetings will analyze quarterly expenditures and make recmmendatins, if needed. This prcess is t ensure that ur expenses are in line with apprved budgets and that we allw sufficient time t make adjustments. T develp a new prcess fr the creatin f the FY 2016 Budget that will include: Alignment t district gals Priritizatin f prgrams/services Timeline f events Training f staff Cmmunicatin t internal and external stakehlders Dcumentatin f prgrams/services Presentatin t the Finance & Apprpriatins Cmmittee Presentatin t the Bard f Educatin Status: Cmplete Page 7 f 11

11 Appendix A Clumbus City Schls Office f Internal Audit Schneider Dwns & C., Inc. Budgeting Audit Crrective Actin Plans Observatin 5 - Budgeting Prcess Training Nt in Place Management Respnse: The quarterly budget-mnitring meetings began in FY 2015 and are being cnducted as fllws: Quarter 1 (July - September) in Octber 2014 Quarter 2 (Octber - December) in January 2015 Quarter 3 (January - March) in April 2015 Quarter 4 (April - June) in July 2015 Binders are maintained fr each quarterly budget mnitring meeting that includes general fund summary budget infrmatin by perating unit with apprpriate signatures frm each budget manager. Cmmunicatin regarding the quarterly budget mnitring meetings is shared with Senir Leadership at the cnclusin f these meetings. Meetings regarding the creatin f the FY 2016 budget requests were held at Senir Cabinet meetings. Meetings with individual budget managers were als held during the develpment f the FY 2016 budget prpsals. Status: Cmplete Observatin 6 - Oversight f the Allcatins Cmmittee Management Respnse: The Allcatins Cmmittee is a clearing huse fr all psitin mvement in the District t evaluate infrmatin and send requests t the Superintendent fr apprval f new psitins, backfill psitins and additinal services. The cmmittee makes sure all f the required infrmatin, justificatin and funding cverage is included fr decisin-making n a g-frward basis. The Allcatins Cmmittee prcesses requests and makes recmmendatins t the Superintendent fr his apprval. The Allcatins Cmmittee is nt the sle decisin pint fr all psitins at CCS. The Allcatins Cmmittee des vte n the requests. After each meeting, the list f recmmendatins is ed t the Superintendent fr apprval. Tracking f all allcatin requests is maintained by the Human Resurces Office. Only requests seeking apprval are sent t the Superintendent. The cmmunicatin f any and all actins by the Allcatins Cmmittee will be frwarded t the Superintendent after each meeting. This will include requests that have been apprved, denied, tabled r pending. The tracking spreadsheet will be maintained by the Human Resurces Office. Status: Cmplete Page 8 f 11

12 ATTACHMENT A FY 2016 Budget Timeline Clumbus City Schls Tday's Date: 2/13/2015 Prject Lead: Sctt Gding Start Date: 10/7/2014 Tuesday WBS Tasks Start End Duratin (Days) % Cmplete Wrking Days Days Cmplete Days Remaining 1 Octber /7/14 10/31/ % Presentatin f Five Year Frecast t the Bard f Educatin (Bard f 1.1 Educatin Meeting). 10/7/14 10/7/ % Fllw up discussin frm Bard f Educatin presentatin. 10/8/14 10/20/ % Apprval f Five Year Frecast (Bard f Educatin Meeting). 10/21/14 10/21/ % FY 2015 Five Year Frecast due t the Ohi Department f Educatin. 10/31/14 10/31/ % Nvember /4/14 12/5/ % Bard f Educatin Meeting 11/4/14 11/4/ % Bard f Educatin Meeting 11/18/14 11/18/ % Building (nn-persnnel) budget allcatin frmulas reviewed and finalized. 11/18/14 12/5/ % December /2/14 12/16/ % Initial Finance and Apprpriatins Cmmittee meeting. 12/2/14 12/2/ % Bard f Educatin Meeting 12/2/14 12/2/ % Building (nn-persnnel) budget allcatin distributed. 12/8/14 12/8/ % Department (nn-persnnel) budget allcatin distributed. 12/9/14 12/9/ % Bard f Educatin Meeting 12/16/14 12/16/ % January /1/15 1/31/ % Initiate staffing allcatins and reductins, if necessary, acrss all functins. 1/1/15 1/31/ % FY 2016 general fund departmental budget prcess cnducted 1/1/15 1/31/ % Bard f Educatin Meeting 1/6/15 1/6/ % Tax Budget hearing (last day fr Bard f Educatin t adpt). 1/6/15 1/6/ % Finance and Apprpriatins Cmmittee meeting. 1/15/15 1/15/ % Bard f Educatin Meeting 1/20/15 1/20/ % Tax Budget due t the Cunty Auditr 1/20/15 1/20/ % Building (nn-persnnel) budgets returned t the Budget Office. 1/31/15 1/31/ % Department (nn-persnnel) budgets returned t the Budget Office. 1/31/15 1/31/ % Page 9 f 11

13 5 February /2/15 2/17/ % Cnduct internal FY 2016 general fund departmental budget hearings with 5.1 Senir Leadership. 2/2/15 2/2/ % Distribute and hld rster labs fr FY 2016 building/department staffing 2/2/15 2/17/ % Review all areas f FY 2016 budget requests t determine alignment with 5.3 district gals. 2/3/15 2/10/ % Bard f Educatin Meeting 2/3/15 2/3/ % Finance and Apprpriatins Cmmittee meeting. Cnduct external FY general fund departmental budget hearings. 2/12/15 2/12/ % Deadline fr Administratrs t prvide staff reductin ntificatins. 2/13/15 2/13/15 1 0% Bard f Educatin Meeting 2/17/15 2/17/15 1 0% March /1/15 3/27/ % Wrk with Treasurer/CFO t cmpare the FY 2016 budget requests t the 6.1 Octber 2014 five year frecast. 3/1/15 3/5/15 5 0% Budget cmmissin certify actin and return cpy f tax budget and its 6.2 Official Certificate f Estimated Resurces t the Bard f Educatin. 3/1/15 3/1/15 1 0% Bard f Educatin Meeting 3/3/15 3/3/15 1 0% Rund 1 building/department staff pstings cnducted 3/3/15 3/9/15 7 0% Rund 1 building/department staff interviews cnducted 3/10/15 3/16/15 7 0% Finance and Apprpriatins Cmmittee meeting. 3/12/15 3/12/15 1 0% Bard f Educatin Meeting 3/17/15 3/17/15 1 0% Finalize all staffing. 3/7/15 3/27/ % Rund 2 building/department staff pstings cnducted 3/23/15 3/27/15 5 0% April /3/15 4/30/ % Bard f Educatin Meeting 4/7/15 4/7/15 1 0% Spring Break 4/3/15 4/10/15 8 0% Rund 2 building/department staff interviews cnducted 4/13/15 4/16/15 4 0% Finance and Apprpriatins Cmmittee meeting. 4/16/15 4/16/15 1 0% Presentatin f FY 2016 Budget t the Bard f Educatin (Bard f 7.5 Educatin Meeting). 4/21/15 4/21/15 1 0% Building/department staffing jb fair 4/29/15 4/30/15 2 0% May /5/15 5/31/ % Presentatin f Five Year Frecast t the Bard f Educatin (Bard f 8.1 Educatin Meeting). 5/5/15 5/5/15 1 0% Finance and Apprpriatins Cmmittee meeting. 5/14/15 5/14/15 1 0% Adptin f Five Year Frecast t the Bard f Educatin (Bard f 8.3 Educatin Meeting). 5/19/15 5/19/15 1 0% FY 2015 Five Year Frecast update due t the Ohi Department f Educatin. 5/31/15 5/31/15 1 0% Page 10 f 11

14 9 June /2/15 6/17/ % Bard f Educatin Meeting 6/2/15 6/2/15 1 0% Fllw up discussin frm Bard f Educatin presentatin. 6/2/15 6/15/ % Finance and Apprpriatins Cmmittee meeting. 6/11/15 6/11/15 1 0% Presentatin f FY 2016 Apprpriatin Reslutin t the Bard f Educatin (Bard f Educatin Meeting). 6/16/15 6/16/15 1 0% Distributin f apprved budget detail t schls and departments. 6/17/15 6/17/15 1 0% July /1/15 7/1/15 1 0% Fiscal Year 2016 begins. 7/1/15 7/1/15 1 0% Page 11 f 11