References:

Utah Code Annotated 53-20-1

1. The Superintendent of each school district is the budget officer of the district.
2. Prior to June 1 of each year, the Superintendent prepares and presents to the local board a tentative budget.  The tentative budget and supporting documents shall include the following items:
   • 2.1 the revenues and expenditures of the preceding fiscal year;
   • 2.2 the estimated revenues and expenditures of the current fiscal year;
   • 2.3 an estimate of the revenues for the succeeding fiscal year based upon the lowest tax levy which will raise the required revenue.  The current year's assessed valuation is used as the basis for this calculation;
   • 2.4 a detailed estimate of the essential expenditures for all purposes for the next succeeding fiscal year; and
   • 2.5 the estimated financial condition of the district by funds at the close of the current fiscal year.
3. The tentative budget is filed with the district business administrator for public inspection at least 15 days to the date of its proposed adoption by the local board.