BOE to seek spending resolution tomorrow
News June 24, 2020ELLIJAY, Ga. – “Because the State has not yet passed a budget for FY 21 it has been recommended across the state that districts pass a spending resolution for July until we receive final numbers,” said Superintendent Dr. Shanna Downs at this week’s work session of the Board of Education.
A Spending Resolution, Downs explained, will allow use of one-twelfth, equivalent to one month, of the final amended budget from the previous year. Allowing for debt service and capital expenditures, Downs said that Gilmer has a number of items that are mostly curriculum related subscriptions. The entire Itemized List is included in the Spending Resolution posted by the BOE on their website. This list is set to be voted on tomorrow. These items must be approved above the one-twelfth allowed spending resolution.
The resolution will move the board into its new fiscal year without a fully approved budget as they await those numbers of the state budget and what that will allow for the county in state money.
Additionally, the board will be voting to approve their Financial Summary. Comparing with April of last year as the board begins looking at what financial impact the outbreak of COVID-19 has had, Board Member Tom Ocobock made note that, financially, it wasn’t as bad as some expected. According to the summary, April of 2019 saw revenues at $35,804,009, and April of 2020 saw revenues at $37,638,750. The difference totals a $1,834,741 increase.
Another financial vote to be held will be for Budget amendments. Downs noted that this could include shortfalls, carry over, and even additions from state funding. This budget amendment for approval is the “Budget Amendment for Grants” and will also be up for vote at tomorrow’s 5:30 p.m. Regular Meeting for the Gilmer Board of Education alongside the Spending Resolution and Financial Summary.
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