3. McDuffie County Board of Education
M & O Millage Calculations for FY 2018 Budget
98% Collection Rate
Tax Digest
569,906,496
2.5% Tax Commissioner*
14,247,662
97.5% of Digest
555,658,834
544,545,657
1 Mill Equals
544,546
Millage Levy FY 2018
19.69
Total Derived from Levy
10,722,104
Projected House Bill 857 Cost
245,126
Adjusted Total Derived from Levy
10,476,978
* Equals approximately $ 280,536

4. McDuffie County Board of Education
FY 18 Budget
FY 2018 QBE Summary
Unofficial
System
FTE
QBE
Health
Local
Austerity
Equalization
Nursing
Transportation
Total
Number
Name
Earnings
Insurance
Fair Share
(Certified)
697
McDuffie
4,003
$20,563,778
$2,664,900
-$3,081,681
-$400,460
$2,230,170
$82,481
$585,610
$22,644,798
FY18
FY17
DIFFERENCE
QBE EARNINGS
$20,815,088
$20,780,419
$34,669
AUSTERITY
-$416,544
$16,084
EQUALIZATION
$2,032,619
$197,551
TOTAL
$22,396,494
$248,304

5. General Fund Budgeted Revenues By Source Budget Comparison
FY 2018 Projected Revenue VS. FY 2017 Amended Revenue
FY 17
FY 18
Amended
Proposed
Amount
Description
(as of March 31)
Difference
Explanations
State QBE, Categorical & Equalization
$ 22,644,798
$ 22,385,379
$ ,419
Decrease in FTE and austerity
Increase in equalization, local fair share, 2% salary increase & TRS matching increase
Ad Valorem Taxes
$ 10,526,978
$ 10,454,195
$ ,783
Expected changes in tax digest and increase in delinquent taxes budgeted in FY 18
Rent
$ ,000
$ ,000
$ ,000
Increase in facility rentals
Title Ad Valorem Tax
$ ,000
$ ,000
$ ,000
Increase based on previous three year history
Intangible Tax and Real Estate Transfer Tax
$ ,000
$ ,000
$ ,000
Other Local Revenue
$ ,000
$ ,000
$ ,000
Increase in Medicaid reimbursement
Railroad Tax
$ ,000
Not budgeted for FY17
Other Grants - State of Georgia
$ ,833
$ ,833 $
Donations
Other Grants-GDOE
$ ,338
$ (180,338)
Connections for Classroom & Rural AP STEM grants for FY17 only
Transfers from Other Funds
$ ,500
$ (51,500)
School Nutrition Loan Repaid in FY17
Total General Fund Revenues
$ 34,227,609
$ 33,793,245
$ ,364

6. General Fund Budgeted Expenditures By Function
FY 2017 Vs. FY 2018
Budget Comparison
FY 17
FY 18
Amended
Proposed
Amount
Function
Description
(as of March 31)
Difference
Explanation
1000
Instruction
$ 21,628,850
$ ,648,923
$ (20,073)
See notes below ** @
2100
Pupil Services
$ 1,273,549
$ ,187,725
$ ,824
2210
Improvement of Instructional Services
$ ,239
$ ,920
$ ,319
2220
Educational Media Services
$ ,816
$ ,314
$ ,502
2300
General Administration
$ ,277
$ ,590
$ (16,313)
See notes below ** @ /
Fiber lease reclassified Function 2210
2400
School Administration
$ 2,458,126
$ ,372,546
$ ,580
2500
Business Administration
$ ,907
$ ,355
$ ,552
2600
Maintenance and Operation of Plant Services
$ 3,508,825
$ ,372,249
$ ,576
2700
Student Transportation
$ 2,191,666
$ ,084,198
$ ,468
2800
Central Support Services
$ ,352
$ ,440
$ ,912
2900
Other Support Services
$ ,096
$ ,313
$ (7,217)
Decrease due to FY 17 SACS Review Expenditures
Total
$ 34,185,703
$ ,717,573
$ ,130
Notes:
** All department allotments reduced by ten percent.
@ Increase in health insurance & TRS, two percent salary increase, restore 2 furlough days
FY 2018
Salaries and benefits equals equals 89.59% of the total budget
Teacher, counselor and paraprofessional salaries/benefits equals 68.63% of the total salaries budgeted
Instruction equals 63.27% of the total budget
M&O equals 10.26% of the total budget
Student Transportation equals 6.41% of the total budget
This leaves only 20.06% of the total budget for all other departments
Health insurance matching increased from $846 to $946 per person per month for non-certified employees for six months.

8. McDuffie County Board of Education
July 1, 2017 Through June 30, 2018
General
School
Federal / Special
Capital
Construction
Debt
Fund
Nutrition
Revenue
Projects
Service
Anticipated Revenues:
Funds
Local Sources
$11,370,978
$245,166
3,000,100
State Sources
22,856,631
61,000
524,106
Federal Sources
2,178,094
2,840,992
Transfer From Splost
2,412,600
$34,227,609
$2,484,260
$3,365,098
$3,000,100 $0
$2,412,600
Anticipated Expenditures:
Instruction
21,628,850
3,030,671
231,000
Pupil Services
1,273,549
40,480
Improvement of Instructional Services
891,239
188,383
297,000
Educational Media Services
752,816
General Administration
613,277
105,364
School Administration
2,458,126
Business Adminstration
534,907
Maintenance and Operation of
3,508,825
Plant Services
150,000
Student Transportation
2,191,666
Central Support Services
276,352
200
Other Support Services
56,096
School Food Service
2,411,874
Transfers to Other Funds
Debt Service Principal and interest
$34,185,703
$2,411,874
3,090,600
Excess Revenue/Expenditures
$41,906
$72,386
($90,500)

10. McDuffie County Board of Education
Tentative Budget
McDuffie County Board of Education
July 1, 2017 Through June 30, 2018
General
School
Federal / Special
Capital
Debt
Fund
Nutrition
Revenue
Projects
Service
Anticipated Revenues:
Funds
Local Sources
$11,370,978
$245,166
3,000,100
State Sources
22,856,631
61,000
524,106
Federal Sources
2,178,094
2,840,992
Transfer From Splost
2,412,600
Fund Balance July 1, 2017
6,033,083
244,539
165,577
$40,260,692
$2,728,799
$3,365,098
$3,165,677
$2,412,600
Anticipated Expenditures:
Instruction
$21,628,850
$3,030,671
231,000
Pupil Services
1,273,549
40,480
Improvement of Instructional Services
891,239
188,383
297,000
Educational Media Services
752,816
General Administration
613,277
105,364
School Administration
2,458,126
Business Administration
534,907
Maintenance and Operation of
Plant Services
3,508,825
150,000
Student Transportation
2,191,666
Central Support Services
276,352
200
Other Support Services
56,096
School Food Service
2,411,874
Transfers to Other Funds
Debt Service Principal and Interest
Fund Balance June 30, 2018
6,074,989
316,925
75,077
The McDuffie County Board of Education will adopt the FY18 Budget at its regular
meeting on Thursday, June 22nd, 2017 at 6:00 p.m. at the Board of Education office.