Lakewood School District Improvement Plan as of June 5, 2013 – No changes from Mid Year Report

3/20/13 2010 - 2015

June 5, 2013

June 5, 2013

Fiscal ResponsibilitiesUse of the district’s financial resources

is key to the ongoing operations:

• Facilities• Transportation• Food Service• Staff Development• Staff and Student Materials• Supporting programs that foster ongoing

Ostaff and Ostudent learning and Oincreased student achievement

June 5, 2013

Implement sound financial practices.

OAlignment of district programs and resources and promote equity among programs.

OThis process is done annually at budget preparation and ongoing as programs and needs develop.

March 20, 2013

Activities & Tasks

OMaintain a fund balance in accordance with board policy.OBudget Review (Annually &

Monthly)OActual (Fiscal Year End)

OPursue supplemental funding.OOngoing (as it becomes available)

March 20, 2013

Activities & Tasks

O Transparent, long-range budget planning process at the district and building level.

O Annually O Ongoing

O Ongoing review of The District Improvement Plan goals, budget parameters and components with the school board, leadership team, staff & community to effectively allocate and monitor resources.

O Annually (Budget Prep)O OngoingJune 5, 2013

Activities & Tasks

O Annually prepare a Citizens Guide to the budget.

O Annually O Provide fiscal information to the district

leadership team, staff employee groups and members of the community.

O Publish fiscal information in the Lakeview's as available

O Provide information to Leadership TeamO Share ongoing budget work and financial

information with Labor Management GroupsO Board Meetings

June 5, 2013

Evaluation of ProgressProgress on Activities and Tasks

4Excellent

Accomplishment

3Adequate

Accomplishment

2Marginal

Accomplishment

1No Action to

Date

Actions taken were significant and should be sustained

Action has been taken, but needs greater depth or more resources in order for it to be sustained and on-going

Action is just beginning to be implemented or not a focus at this time

Action not taken this year

Objective 1 – Strategy 1 The Lakewood School District will implement sound financial practices .

v = Year the activity or task is scheduled to occur

Activities and Tasks Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Comments

Maintain a fund balance in accordance with board policy v v v v v

• Maintained fund balance in accordance with board policy for past 5 years and projected to meet board policy for 12-13 school year.

• 3.10 Overall Rating School for Financial Health – Financially Stable (as published by OSPI)

Pursue appropriate supplemental funding opportunities

v v v v v• Secured small grant $3,050 in support of the Robotics Club

from the Greater Everett Community Foundation. Continue to pursue other funding opportunities.

Support improvement through a transparent, long-range budget planning process at all levels

v v v v v• Continue long-range budget practice as well as the

continuation of communication with community, staff (union groups) and leadership.

• Currently waiting for 13-14 Budget Information from the State.

Revisit the DIP goals and budget parameters to develop the budget and effectively allocate and monitor resources

v v v v v

• Ongoing action item.• Collaborate w/ Leadership Team 2013 to identify areas

requiring revenues that align with the District Improvement Plan; incorporated information into budget development process

• Co-facilitating w/ Supt. a comprehensive review of 2013-14 DIP goal expenditures for preparation of aligning 2013-14 resources to DIP goals

Objective 1 – Strategy 2 The Lakewood School District will foster community and staff trust and confidence through transparency in its fiscal operations.

v = Year the activity or task is scheduled to occur

Activities and Tasks Yr 1Yr 2

Yr 3Yr 4

Yr 5 Comments

Annually prepare a Citizen’s Guide to the budget v v v v v

• For the 12-13 school year review other districts Citizens Guide to continue to provide community and staff information.

• Produced 2011-12 Guide .

Provide fiscal information to district leadership, staff employee groups and members of the community

v v v v v

• Ongoing action item.• Published and disseminated 2011-12 Citizen’s Guide to the

Budget; linked also to Business Office homepage• Produced Summary and links on District Website to share

results of our 2012 Financial Statements and Federal Single Accountability Audit Report (pending current Audit)

• Provided periodic legislative and financial updates to Labor Management Groups

District Improvement PlanFiscal Domain Annual Progress Report 2012-13

• Accomplishments for 2012-2013

• 3.10 Overall Rating School for Financial Health – Financially Stable (as published by OSPI)

• Pursued additional funding opportunities through Energy Grant• Pursue Safety Net funding – Due March 29, 2013

• Focus for the 2013 -2014 School Year

• Continue to pursue supplemental funding when available• Clean State Audit• Continue to develop practices for long range planning that align to

the District Improvement Plan• Continue information sharing regarding Legislature updates as

they are released

June 5, 2013

Questions / Comments

June 5, 2013