OCC Budget Process

January:

At the OCC General Meeting –

• OCC leadership will report on the actual and projected income and expenditures for the current school year;
• OCC leadership will report on the objectives that OCC will aim to support financially in the upcoming school year;
• OCC leadership will invite written spending proposals from Oyster parents and staff for consideration in the budget process;

February:

Collect spending requests.

March:

Over the course of the month, the OCC budget committee will draft a budget for the upcoming school year based upon the current year's budget, projected income for the upcoming school year and spending proposals submitted by parents and staff.

April:

At the OCC Board meeting –

• Board reviews draft budget and approves for presentation to OCC General Assembly;
• Board circulates draft budget to Oyster parents and staff in advance of general meeting;

  At the OCC General Meeting – OCC General Assembly discusses and suggests revisions to draft budget

May:

At the OCC Board Meeting – the Board discusses the revisions made pursuant to the feedback received approves for presentation to the OCC general assembly.

At the OCC General Meeting

OCC General Assembly approves the revised projected budget for the next school year.