Budget Review Committee (BRC. The BRC shall be charged with considering the current state of the District’s fiscal health as well as potential modifications in the current school finance system that improve or worsen the District’s fiscal condition. Those considerations include, but are not limited to, enrollment projections, expenditure patterns, fund balances, multi-year projections, funded revenue limits, modifications to the restricted income and expenditures of the District (e.g. the Governor’s Weighted Student Formula). Recommendations shall be made to the Board of Education and the Association for consideration. Discussion may include any relevant data or projections, program restoration, program modifications, compensation adjustments or budget adjustments to maintain fiscal solvency for the current, and subsequent two, fiscal years.
Appears in 12 contracts
Samples: Collective Bargaining Contract, Collective Bargaining Contract, www.nctq.org
