Coweta Board of Education approves 2015 fiscal budget
by Celia Shortt
Earlier this week the Coweta County Board of Education approved the final budget for the 2015 fiscal year of just over $243 million.
The budget is about $11 million higher than the 2014 fiscal year’s of almost $232 million. It also includes an operational budget for the school system of $172,975,820, almost $5 million more than last year.
The board approved the final budget at a special called meeting on Tuesday.
At its regular meeting on June 10, the board voted tentative approval for the budget, but final approval requires a second vote.
“We are starting much better than we anticipated starting,” said Keith Chapman, assistant superintendent for the school system, at the June 10 meeting. “Hopefully, it will be even better.”
The general fund budget includes all operating costs for the school system, including employees’ salaries, administration, transportation, food services, and others costs necessary to operating the schools.
The other portion of the budget is for the special revenue fund and capital projects fund. For the 2015 fiscal year, the school system is budgeting $22,731,6539 in the special revenue fund and $47,335,818 in capital projects. At the June 10 meeting, Chapman said of the general fund budget, $4.1 million will be taken from reserves, and the budget also reflects a modest estimate of a 3 percent increase in the tax digest.
He said the growth in the county’s tax digest may actually be higher. In April and May, the school board approved CCSS Superintendent Dr. Steve Barker’s recommendations of a step increase for classified employees and removing all calendar reduction days for teachers and other employees who work more than 180 days.
Those changes are reflected in the final FY2015 budget.
The Coweta County School System’s FY2015 budget will take effect on July 1, 2014.