No teacher furloughs, no tax increase in Bibb schools proposed budget
The nearly $184 million fiscal year 2015 budget includes pulling about $7.4 million from the reserve fund. Downey says that would leave just under $20 million in that account.
Smith’s proposal also includes a full academic calendar, which means 190 days for staff and 180 for kids.
Downey also noted that if the trend continues, the school district may see more money at the end of the budget year. He says right now home values are rising which could mean more tax revenue, but again, Smith’s budget does not call for a millage rate increase.
Another factor, Downey says, the state has increased it’s funding per child this year, but at this point he says it’s unclear whether that money is a one time, or yearly addition.
Downey says the board will likely vote on proposed budget on Tuesday, June 3rd. Then, the board will open up the floor for public input before it adopts a final draft.