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School system gets ready for budget seasonThu, 04/12/2007 - 3:19pm
By: John Thompson
Although the calendar only reads April, the Coweta County Board of Education towards working on next year’s budget. School spokesperson Dean Jackson said the county is currently waiting on figures from the General assembly to determine how much state funding will be provided this year. “The General Assembly only has five working days left, so we’re hoping to get those figures by the end of this month,” Jackson said. Jackson said comptroller Keith Chapman is busy preparing revenue estimates and he expects the board to get estimates for the budget in early May. “We’re hoping to be able to approve a final budget by the beginning of June,” he added. The system’s financial year runs from July 1 through June 30. Last year’s General Fund budget was $154 million. The General Fund budget is the operating budget for the school system, and is funded by a combination of state revenue and local sales taxes, said school system Public Information Officer Dean Jackson. The General Fund includes instructional funds, school system personnel, pupil services, school maintenance and operation, transportation and other day-to-day costs of operating the school systems. In other news, the school board approved the purchase of 10 school busses for $760,000. Jackson said the funding comes from the Special Purpose Local option sales Tax that expires in June. login to post comments |