Budget Book & Fiscal Facts
The budget development process begins in January with the Governor's proposed budget. At that time, District goals and priorities are revised and established. In March, with the Second Interim Financial Report as a springboard, advisory groups and administrators review the budget and provide input. Budget updates are presented at subsequent Board meetings for further input and discussion by the Board and general public. The proposed budget is brought to the Board of Education in June for discussion and public hearing before being approved by the Board no later than June 30.
Each year the Board adopts a calendar for development of the budget for the subsequent fiscal year. The budget development calendar provides for all actions that must be taken to meet legal deadlines and those actions that need to be taken to prepare the Board for final adoption of the budget.
The District welcomes input and suggestions into the process via Let's Talk.
Budget Development/Financial Reporting/Calendar
| The 2023-24 Budget | |
|---|---|
|
June 2023 |
2023-24 Budget Hearing and Adoption |
|
June 2023 |
Budget Act (Governor signed the 2023-24 State budget into law.) |
|
August 2023 |
County Controller-Treasurer Property Tax Projection Update |
|
September 2023 |
2023-4 First Budget Revision |
|
November 2023 |
County Controller-Treasurer Property Tax Projection Update |
|
December 2023 |
2023-24 First Interim Report |
|
December 2023 |
County Controller-Treasurer Property Tax Projection Update |
|
January 2024 |
Governors' 2024-25 State and K-12 Budget Proposals |
|
February 2024 |
County Controller-Treasurer Property Tax Projection Update |
|
March 2024 |
2023-24 Second Interim Report |
|
May 2024 |
Governor's May Revision |
|
May 2024 |
County Controller-Treasurer Property Tax Projection Update |
|
June 2024 |
2024-25 Budget Hearing and Adoption of PAUSD |
|
June 2024 |
Budget Act (Governor signs the 2024-25 State budget into law.) |
Fiscal Facts
The Palo Alto Unified School District prepares its financial statements in accordance with generally accepted accounting principles annually and has them audited by a state-licensed independent audit firm. You may download a copy of the Audit Report below.
Audit Reports
- 2022-23 PAUSD Annual Audit Report
- 2021-22 PAUSD Annual Audit Report
- 2020-21 PAUSD Annual Audit Report
- 2019-20 PAUSD Annual Audit Report