Budget & Finances
Bloomfield Hills Schools Budget
Public Hearings
- Budget Public Hearing June 24, 2021 - slides
- Budget Public Hearing June 25, 2020 - slides
- Budget Public Hearing June 6, 2019 - video
- Budget Public Hearing June 6, 2019 - slides
- Budget Public Hearing June 21, 2018 - video
- Budget Public Hearing June 21, 2018 - slides
- Budget Public Hearing June 15, 2017- video
- Budget Public Hearing June 15, 2017 - slides
- Budget Public Hearing June 29, 2016 - video
- Budget Public Hearing June 29, 2016 - slides
- Budget Public_Hearing_June 4, 2015 - slides
- Budget Public Hearing June 19, 2014 - slide
- Budget Public Hearing_June_20,_2013 - slides
- Budget Public_Hearing June_21,_2012 - slides
Budget Balancing Actions
- Fiscal Year 2021-22
- Fiscal Year 2020-21
- Fiscal Year 2019-20
- Fiscal Year 2018-19
- Fiscal Year 2017-18
- Fiscal Year 2016-17
- Fiscal Year 2015-16
- Fiscal Year 2014-15
Fiscal Year 2021-22
Fiscal Year 2020-21
Fiscal Year 2019-20
Fiscal Year 2018-19
Fiscal Year 2017-18
Fiscal Year 2016-17
Fiscal Year 2015-16
Fiscal Year 2014-15
Messages and Awards
Budget Updates
- Midyear Budget Update February 24, 2022
- Midyear Budget Update February 26, 2021
- December_Budget_Revisions-December_17,_2020
- Midyear Budget Update January 30, 2020
- Midyear Budget Update February 21, 2019
- Midyear Budget Update February 15, 2018
- Midyear Budget Update February_16,_2017
- Final_Budget_Update June_2,_2016
- Midyear Budget Update_February_18,_2016
- Midyear_Budget_& Forecast_Preview_February_16,_2014
- Midyear_Budget_Progress December_19,_2013
- Midyear_Budget_Update February_7,_2013
School Finance Information
Moody's Rating
In 2013, Moody's issued a Rating Action affirming a Aaa rating for Bloomfield Hills Schools. In 2018, Moody's issued a Rating Action of Aa1 for Bloomfield Hills Schools. The following Q&A addresses the rating change, as explained by third party analysts.
- Question: What contributed to the change?
- Question: Can you explain the limitations to the district’s ability to raise revenue? The Proposal A funding model has been in place since 1994.
- Question: The pension liability has been present for years. Why is it a big factor now?
- Question: There are other districts with high Moody’s ratings, right?
- Question: Will the district be rated again?
- Question: Why is the rating important?
- Question: Does this impact the Sinking Fund that expires in six years?
- A Note