BOE budget rises in 2019

ELLIJAY, Ga. – Final approval for the 2020 Tentative Budget came this week with the vote by the Gilmer County Board of Education (BOE).

The board approved its $44 million budget unanimously after the last two months of work. This budget will be a $1,674,852 increase over the FY19 budget (as presented in June 2018). This is also a $4,852780 increase over the FY18 budget (as presented in June 2017).

Looking back over the past budgets since 2016, tuition costs alone have increased by between $500,000 to $600,000 each year except this one, showing a $1,456,345 increase since last year.

The budget also estimates  $3,060,919 of expenditures over the Board’s revenue, further draining the board’s fund balance, estimated to sit at $14,839,081 in June of 2020. However, in some previous years, such the 2017-18, these expenses turned out to fall closer to even than predicted as the tentative budget expected to fall to $19.4 million, but actually only lost around $100,000 by fiscal year’s end.