Coweta County Schools

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Contact: Dean Jackson Office of Public Information
Phone: 770.254.2736
Fax: 770.254.2807
Email: dean.jackson@cowetaschools.org 


Coweta County School Board Approves 
Tentative Budget for 2017-18 School Year


The Coweta County Board of Education voted to tentatively approve an operational budget of $196,039,029 for the 2018 fiscal year (FY 2018), at the board’s regular monthly meeting on Tuesday, June 13.

The approved FY 2018 budget provides a 2 percent raise to school system employees, and does not project an increase in local property taxes. The Board of Education has maintained an 18.59 mill property tax rate since first setting it in the summer of 2004.

Charts detailing revenues and expenditures in the school system’s FY 2018 budget accompany this article. Final approval of the budget will require a second vote, which is planned for a called meeting of the school board on Tuesday, June 27 at 6:30 p.m. at the Board’s 237 Jackson Street Board of Education Office in Newnan.

The school system operates on a fiscal year that extends from July 1 until June 30 of the following year. The budget covers school system operations and other expenditures during the upcoming fiscal year. It is also based on revenue estimates including anticipated state educational funding during the upcoming year and local property tax revenue.

The FY 2018 budget would also achieve several goals of the school board, including:

Maintaining the current student calendar of 180 instructional days, and the current instructional program for students.

Providing a 2 percent cost-of-living raise for certified and classified school system employees.

Providing step increases for certified and classified employees, where due.

Providing school system funding of increases in health insurance costs for classified employees set to take effect in FY 2017.

Adding 19 teaching positions system-wide and accommodating an expansion of the Communities in Schools program, among other items.

The FY 2018 General Fund budget of $196 million is funded principally by state revenues and local property tax revenues. The budget presented Tuesday anticipated an overall increase in state funding, and maintenance of the current 18.59 mill property tax rate with 3 percent in anticipated growth in the local tax digest. The General Fund budget includes the largest portion of funding for instruction and pupil services, maintenance and operation of schools, transportation, and other operational costs.

In addition to the General Fund, there were three other components tentatively approved by the board as a part of its total FY 2018 budget.

These include $ 23,217,377 in expenditures from Special Revenue Funds, which accounts for special federal programs such as Title I, federal lunch programs, and IDEA.

Also included is $33,040,159 in expenditures from Capital Projects Funds, which accounts for construction and other capital expenditures during the year. School construction is funded principally by Educational Special Purpose Local Option Sales Tax (ESPLOST) revenues. The system also receives some state funding for construction.

Since the school system retired all outstanding bonds in 2013, no expenditures are required in the system’s Debt Service fund in FY 2018.

Those funds, combined with operations funds, total $252,296,565.

Following final approval on July 27, the new fiscal year budget will take effect on July 1.

 2018 budget chart

 

 

The charts accompanying this article provide a breakdown of all governmental fund types for the Coweta County School System’s FY 2018 budget, and details all revenues and expenditures under the school system’s Elementary and Secondary Education Programs, covering the period July 1, 2017 through June 30, 2018.