Gilmer Schools Approve Budget

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ELLIJAY, GA – Coming to the end of a process that began back in Fall, Gilmer County Schools’ Board of Education has approved a tentative budget for the 2018 Fiscal Year.

With some obvious changes such as One time Grants for projects like the School Cannery, other major changes are coming such as staffing adding two ESOL teachers, one Special Education teacher, one academic coach, one RTI Intervention Teacher, and one health pathway teacher for the Certified Nursing path in school among others. The school system is also moving forward on the Provision 2 Free Breakfast project for students.

Gilmer Schools Tentative Budget

Gilmer Schools Tentative Budget for the Fiscal Year 2018

Taking a closer look at the budget, our Schools are estimating to end FY18 with a $1,298,797 gap between revenues and expenditures. This estimation is not unheard of in Gilmer County as they have projected themselves under expenditures last year as well.

Gilmer Schools estimated in June of 2016 that they would be $1,631,875 under expenditures for their budget. This estimate left a fund balance of $14,962,247 by June 30,2017. However, the school system is currently estimating a fund balance of $20.7 million on July 1, 2017. Chief Financial Officer Trina Penland gave credit for the change to the Board of Education and specifically to Superintendent Dr. Shanna Wilkes for continuously reviewing expenditures and cutting unnecessary items.

Regardless, the schools still estimates this year’s budget revenues to still come up short of expenditures by $1,298,797 leaving a fund balance of $19,401,203 by June 30, 2018.

While everyone remembers the mandated 2% salary increase for teachers, and our systems plan to increase the 2% to all faculty and staff, other changes have affected expenditures for the school system including a $300,000 increase in textbooks and a $560,000 increase to the TRS benefits (Teachers Retirement System) for employees. While the school system has been paying 14.27% of the costs for teachers TRS Benefits, this is now increasing to 16.81%. FY19 is also estimated to 20.9%.

One other notable increase comes as the Board approved a request from the Commissioners to increase their funding for School Resource Officers to 50% of the total costs, this $45,000 increase will take the total cost from its current $105,000 to $150,000.

On the Revenue side, the school system will be seeing a $635,000 increase to QBE Allotment from the State to aid in covering tuition and instruction in addition to the TAVT (Title Ad Valorem Taxes) Revenue. The TAVT is still being inflated due to repayment of taxes from the county and cities after the disbursement error in the Tax Commissioner’s office. This could offset in roughly a year and a half when the repayment is completed. However, Penland stated they have noticed an increase in collection from last year and are optimistic the economy could at least make up for a portion of the difference by the time those payments cease.

Gilmer Schools FY18 Expense Changes

The expected changes for Expenses in the FY18 Gilmer Schools Budget.

GIlmer Schools FY18 Revenue Changes

The expected changes for Revenue in the FY18 Gilmer Schools Budget.

 

 

 

 

 

 

 

 

Additionally, during their meeting, the Board of Education also moved forward with approval for a Technology purchase of $90,000 for eight carts of Chromebooks. With 30 Chromebooks per cart, 240 total, Dr. Wilkes stated this would finally put 3rd and 4th Grades to a 1:1 ratio of Chromebooks and students.

While the budget is currently tentative, the Detailed Budget will be up for approval at the June 15 meeting. Citizens wishing to speak or comment on the budget can do so at their Work Session on June 12 or sign up to speak at the Regular Meeting on June 15.

 

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