Suggested items for discussion in respect to the budgeting item on the
agenda for the next meeting:
1. The idea of developing a functional budget to augment the traditional
line-item budget by developing a coherent group of functional
categories; e.g. regular education, special education, remedial
education, bulding overhead, administrative overhead, etc.
2.  The idea of budgeting to a constant tax rate and creating a
contingency fund for end of year unexpended funds (rather than returning
the excess as a tax reduction).  In this way a disciplined approach
could maintain an agreed tax rate with slow increase or decrease over
time, depending upon the average movement of the revenue base compared
to the expenditure base.
                                                        ..... Wavell