fayette county school system
Fayette BoE's FY 2012 budget relies on $16.4M reserves to plug deficit hole
They spoke of the Fayette County School System's $ 186.66 million fiscal 2012 budget, effective July 1 for weeks, so that the meeting of June 21 fell to a 3-0 vote to approve, made without comments. The portion of $ 186.66 million expenditures General Fund budget recommended by the Superintendent Jeff Bearden makes an estimated revenue of $ 170.2 million, a deficit of $ 16.4 million.
The vote of the board included the use of $ 16.4 million current fund balance to cover the difference for the school year begins in August. This will leave a projected $ 8.6 million fund balance within a year.
Bearden in an earlier statement said the Council's new proposal called for no reduction schedule that would lead to reductions in pay, but does include $ 900,000 in administrative cuts with 3 million in "newly discovered" funds are owed by the state for employee health premiums already paid, $ 800 000 in adjustments to the state revenue to the school district, $ 250 000 in additional tax revenue to property and a data entry error that represent a duplicate entry of $ 1.5 million.
Although adopted June 20, Bearden and some on the board indicated that discussions should begin in August to meet the fiscal 2013 school years. The reason for the need to plan for short-term future is clear.
Like many City of Atlanta, Fayette County is still in the midst of the recession.
Despite economic downsizing by Washington and the tax digest Wall Street Fayette to be released in August should show a decline of 4-5 percent last year. This directly translates into less property taxes to fund the school system this year.
And on the other side of the equation of income, in dollars of state related to student enrollment numbers continue to fall as enrollment continues to shrink Fayette.
The school system ended the year FY 2011 with the school attendance looked like the number of entries ever seen since 2002. Enrollments are also expected to decrease again in August.
fayette county school system - News
They had talked about the Fayette County School System's $186.66 million FY 2012 budget that takes effect July 1 for weeks, so the June 21 meeting came down to a 3-0 vote to approve, taken with no comments. The $186.66 million expenditures portion of
The Fayette County School System does not have the types of serious disruptions and crimes found in many public school settings across the state and nation. That said, the Fayette County Board of Education on June 7 got a look at the top five offenses
Last year the school system had to replace the HVAC unit in the vocational school after it quite working. Other units in the county are between 20-25 years-old and will be replaced this summer. Work on other HVAC systems will begin once the State Board
Q: What would you like to tell parents and citizens in Lexington as you prepare to join the school system here? A: I believe, and I really mean this, that Fayette County can be the best school district in the country. It's obvious how passionate and
Phil Harsh, Franklin County EcO15 coordinator; Steve Hilpipre, Fayette Regional Health System AVP administration; Nancy Marticke, MMCH patient services vice president; Diane McKinney, Decatur County Memorial Hospital patient care vice president;
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Fayette County Board of Education
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