The Habersham County Board of Education has scheduled a called meeting to discuss next year’s millage rate. The meeting starts at 8 a.m. on Tuesday, June 30. According to the agenda, board members will meet in closed session to discuss personnel and real estate. Afterward, there will be an open meeting to discuss the Fiscal Year 2016 Millage Rate.
A balanced budget
During the last regular meeting of the Habersham County Board of Education, Habersham County Schools Chief Financial Officer Staci Newsome again reviewed the balanced budget with a projected total local revenue of $21,570,205. She had previously said that the ad valorem tax revenue “had increased” since last year. She also added that alcohol sales tax collection was up, and ELOST (Education Local Option Sales Tax) and SPLOST (Special Purpose Local Option Sales Tax) collections were up from last year. Total revenue, she had reported, is expected to be $60,107,674.
Total expenses, Newsome says, are estimated at $60,063,666. The expense for salaries and benefits was placed at $53,409,445, with nearly $40 million spent for instruction, Newsome explained, When expenses are compared with projected revenue, the yield is a positive net change of $44,008.
Superintendent Matthew Cooper has said that enacting such a balanced budget “has certainly been a team effort.”
He called the projected balance of 2016 income with expenditures “a great accomplishment.”
Tomorrow’s meeting takes place in the Board of Education conference room at the school administrative building on Stanford Mill Road in Clarkesville.
