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BOE continues work on FY2012 budget; large funding gap looms

Posted by

Mike Buffington

in Education Archives

Friday, May 20. 2011

Comments (3)

With its June deadline looming, the Barrow County Board of Education continued working this week on what looks to be a very difficult FY2012 budget.

The board will meet again on May 31 to make further adjustments in the proposed budget. The BOE is scheduled vote on a preliminary budget June 7. The new fiscal year begins July 1.

Current projects for FY2012 indicate the system will see revenues drop next year by $3.6 million, mostly through lower property taxes due to a declining tax digest. The system also won’t have federal stimulus money next year.

On the expense side, the system expects costs to go up $2.02 million, mostly from higher instruction payroll costs.

The net effect is that without some major changes — further cost reductions or higher taxes — the system will be in the red by around $7 million next year.

Earlier, the BOE approved six furlough days next year. When the board meets May 31, the impact of that and other alternatives will be discussed.

For the full story see the May 18 issue of the Barrow Journal.

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#1 Anonymous on 05/31/11 at 06:07 AM [Reply]

Something isn't quite right????

If no additional payroll is required for the new school expansions with just reassigning existing teachers or attrition, and furlough days are still being used and nobody is getting raises...

then why does this article have $2.02 million for "higher instructional payroll costs"?

#1.1 Anonymous on 05/31/11 at 07:00 AM [Reply]

I'm with you on this one. The only reason(s) I can think of are:

1). A teacher with a Bachelor's finished their Master, so they were "bumped up" a paygrade

2). The BOE, administrators, staff, whomever at the PLC got raises.

BOE & BJ I WANT ANSWERS

#1.1.1 Anonymous on 06/03/11 at 07:49 AM [Reply]

I thought they froze those educational raises.

I agree though...

WE NEED AN ANSWER from Creel and/or the BOE!!!!

2.02 Million is a lot of money.

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