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System Budget FY 2020

This document provides a summary of the proposed FY20 budget for the Board of Education, including revenue and expenditure details for all funds. It covers the General Fund, Special Revenue Fund, Capital Projects Fund, School Nutrition Fund, and Debt Service Fund. The budget includes salary raises, position changes, curriculum development, and transfers to various programs. It also highlights the sustainability of the budget and provides information on School Nutrition Services, Special Revenue Fund, SPLOST, and Debt Service Fund.

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System Budget FY 2020

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  1. System BudgetFY 2020 Board of Education May 7, 2019

  2. Total Appropriation – All Funds • General Fund $ 98,867,939 • Special Revenue Fund $ 13,468,178 • Capital Projects Fund $ 16,410,840 • School Nutrition Fund $ 6,252,982 • Debt Service Fund $ 5,338,527 Total$140,338,466

  3. Board Retreat Review – State Revenues

  4. Ad Valorem Taxes • Projected millage – 18.066 • Same as FY19 • Typically do not benefit from reassessments (use rollback rate) • Budget built using 0% growth plus • Increased Title Ad Valorem Tax – Distribution to local governments changes to 65% in July (from 52.44%) - $340,000

  5. FTE Counts FY2015 (midterm) FY2016 (initial) 10,011 FY2016 (midterm) FY2017 (initial)9,828 FY2017 (midterm) FY2018 (initial) 9,881 FY2018 (midterm) FY2019 (initial) 9,961 FY19 (midterm) FY20 (initial) 9,917

  6. General Fund – Revenue Summary

  7. General Fund ExpendituresItems Included • 175 day school year for students • Full year work calendar for all staff • $3,000 raise for certified/admin and 3% raise for classified - $3,270,000 • Longevity step for all eligible employees – $800,000 • Employer contribution to defined contribution plan for PSERS eligible employees (custodians, nutrition, bus drivers) – 3% - no change • Health insurance rate flat • $945/mo. for certified/classified – no change • TRS slight increase from 20.9% to 21.14% - $120,000

  8. General Fund ExpendituresItems Included • Positions changes • Decrease 1 teachers based on allotment formula, increase 3.5 SPED teachers - $195,000 • 5 behavior interventionist (classified position) - $193,868 • Anne Street – continue 1 full-time • Move Project Aware to General Fund/Title IV • Coordinator/PT Assistant/Climate Specialist (GF - $186,000) • Mental Health Clinicians (Title IV) • Curriculum Secretary - $46,000 • 3 supply teachers – benefited subs who replace mid-year vacancies – $54,000 • Parking lot attendant – GHS - $30,000 • Residency Officer – change from PT to FT • ESOL Parent Liaison – change from PT to FT • Bus Monitor Pilot – buses with significant behavior issues - $25,000

  9. General Fund ExpendituresItems Included • Phase 3 of curriculum guides development (RCD) - $305,000 • Fine Arts Allotment (equipment rated poor) - $117,000 • Continuation of Mastery Connect and MAP software programs - $260,000 • Transfer to Pre-Kindergarten - $170,000 • Transfer to Nutrition - $150,000 • Transfer to Workers Compensation - $325,000

  10. General Fund • Proposed FY20 Budget: Total Revenues $98,867,939 Total Expenditures $98,867,939 Difference 0 Fund Balance, Beginning $15,377,096 Fund Balance, Ending $15,377,096 Sustainability – several one time items rolling off (e.g. RCD)

  11. School Nutrition Services • Highlights of proposed FY20 Budget • Self-supporting for fifteen years; subsidized since FY18 • Step raise for eligible employees • 175 serving days • FY20 projected use of fund balance - $97,878 • Added to fund balance in FY18 • Federal free and reduced meal reimbursement rates projected to increase – estimated 1.5% • Students eligible for free and reduced cost meals – 73.97% • No meal price increases proposed • Remove Beaverbrook/Orrs from Provision II status

  12. Special Revenue Fund • Budget appropriation level - $13,468,178 • Adopt initial budgets until official allotments come in during FY20 • Title I, Title II, Title III, Title IV,IDEA, Mainstay, Project Aware, Hospital Authority grant, Pre-Kindergarten • Title I – School Improvement (CSI, TSI) • Addition of three counselors – Cowan Rd. Middle, Orrs, Anne Street • Pre-Kindergarten –175 day school year • Teachers have 190 day schedule • Transferring $170,000 from General Fund to cover actual cost of operations • Pre-k salaries – remains on teacher salary schedule

  13. Special Purpose Local Option Sales Tax(SPLOST) • SPLOST V collections are strong (103.81% of budget) • $1.2 million ahead • Current twelve-month rolling average -9% increase

  14. Debt Service Fund • Proposed FY20 Budget • Principal and interest – October 1 • Interest – April 1 • Total payments $5,333,500

  15. Capital Projects Fund • Initial appropriation - $16,410,840 • SPLOST III: • Taylor Street (Central Office) Campus • Memorial Stadium • SPLOST IV: • Taylor Street (Central Office) Campus • SPLOST V: • Moore Elementary • A.Z. Kelsey • GRCCA - Aviation • Bus purchases • Technology

  16. Summary • Balanced budgets for all funds • No change in millage rate projected – 18.066 mills same as prior year • Full work schedule for all employees • Instructional calendar – 175 student days • Step for all eligible employees; Raise - $3,000 certified/admin, 3% classified • Curriculum guide work • Hire additional positions from budget process • No meal price increases

  17. Timetable to Adoption • Tuesday, May 7 • Place budget on first reading at regular BOE meeting • Set additional workshops/hearings • Sunday, May 12 • Advertise budget in local newspaper • Tuesday, May 21 • Public hearing/work session – 4:00 PM • Tuesday, June 4 • Public hearing – 5:30 • Final adoption at regular BOE meeting

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