At the June 14 meeting of the Dawson County Board of Education, board members voted unanimously to approve an initial budget for the 2022-23 school year.
The initial general fund budget approved by the board includes a beginning fund balance of $11,002,950, revenues totaling $50,636,530 and expenditures totaling $47,722,978, giving a projected ending fund balance of $13,916,502.
In comparison, the previous year’s budget for the 2021-22 school year was adjusted partway through the year, and the amended budget for last year included a beginning fund balance of $12,223,801, revenues totaling $46,939,511 and expenditures totaling $48,160,362, giving an ending fund balance of $11,002,950.
The board held a public hearing and presentation of the budget by Finance Director Beth Covington during both its May 10 and June 14 meetings, allowing for members of the public to see and comment on the system’s budget, its breakdown and financial plans for the upcoming school year.
At the June 14 meeting, Covington reported minor changes from the tentative budget presented in May. The revenue changes reflected a slight drop in QBE (state) earnings, and an increase in the state transportation allotment. Changes in expenditures, she said, are mainly due to changes in staffing, such as promotions and positions being filled within the system.
In addition to approving the 2022-23 budget, board members also voted to approve several proposed ESPLOST requests that will be funded through the system’s ESPLOST (Education Special Purpose Local Option Sales Tax) collections.
The approved ESPLOST requests included managed printing services and hardware, desktop visualization project, computers for growth, school safety investments, and a new gas convection oven to replace the old one at Dawson County Middle School. The total of all five projects comes out to $291,000 to be funded out of ESPLOST collections.
Board members voted unanimously to approve the ESPLOST requests.
Up next, the board will set its millage rate for the 2022-23 school year in August. In accordance with the law, the board will hold three public hearings about the millage rate in August before voting to approve it.