1. System Budget FY 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
FY2019
FY2020
Change
Total QBE Earnings
$ ,708,176
$ ,093,668
$ 3,385,492
Local Five Mill Share
$ (7,520,405)
$ (7,439,854)
$ ,551
Equalization Grant
$ ,486,498
$ ,807,980
$ ,321,482
Nursing Funds
$ ,889
$ ,825
$ ,936
Transportation
$ ,032,723
$ ,052,366
$ ,643
Total Change $5,809,064

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)

6. General Fund – Revenue Summary
FY 2019
FY 2020
Difference
State
$ 64,177,761
$ 69,991,008
$ 5,813,247
Local
$ 27,678,573
$ 28,359,121
$ ,548
Federal
$ ,810 $
Total
$ 92,374,144
$ 98,867,939
$ 6,493,795

7. General Fund Expenditures Items 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 Expenditures Items 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 Expenditures Items 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
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:
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 – 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