[HISTORY: Adopted by the Town Council of
the Town of Coventry as indicated in article histories. Amendments
noted where applicable.]
[Adopted 7-24-2006 by Ord. No. 3-06-249]
A.
On or before November 1 of each year, the Town Council,
through the Town Finance Director, shall submit to the School Committee
an estimate of projected revenues for the next three fiscal years.
This projection shall include only changes in the property tax base,
not property tax rates.
B.
On or before November 1 of each year, the School Committee
shall submit to the Town Council an estimate of its expenditures by
major program and school revenues for the same three years, which
designates those expenditures, in whole or in part, that are required
by state law or regulation.
C.
The state shall cooperate by the preparation and provision
of information necessary to develop these three-year forecasts pursuant
to Rhode Island General Laws § 16-2-21.2.
D.
There shall annually be a joint meeting between the
Town Council and the School Committee not later than December 31 to
review the revenue and expenditure projections and to discuss issues
affecting the preparation of the school budget.
