Budget Procedure Timeline Policy Statement
The general outline for the Pajaro Valley Federation of Teachers budgeting process is as follows:
- September: General Membership presented with Budget procedure.
- October: The Budget Committee submits its tentative budget recommendation with total spending target for the next fiscal year.
- November: The Budget Committee prepares its recommended budget for the next fiscal year. The Executive Council and Council of Representatives adopts any necessary amendment for dues adjustments necessary to meet the target.
- December: The Executive Council recommends and Council of Representatives adopt a budget for the next fiscal year.
PVFT seeks to be as transparent as possible about what your dues money is spent on. See below to better understand our typical income and expense ratios: