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Gainesville City Schools projects increases in both revenue, spending

POSTED: May 7, 2013 12:16 a.m.

The Gainesville City School Board heard the final departmental budget presentations for fiscal year 2014 at its work session Monday night.

Janet Allison, the system’s chief financial officer, said the system’s revenue projection for the next fiscal year, which begins on July 1, will be $53.8 million, compared to $51 million in FY 2013.

The system’s expenditures for 2014 are expected to be about $56.7 million, compared to 2013 at $54.5 million.

Allison will present an overview of the system’s budget at the board’s next meeting on May 20 at the Gainesville Civic Center. A public hearing will also be held for system staff members and taxpayers on May 14 in the media center of Gainesville High School.

The board will adopt a tentative budget on June 3 with the final adoption scheduled for June 17.

Allison said the system will likely need to keep the same 10 furlough days as it had in 2013 in the coming year. The system restored half of those days last year.

“Right now the numbers are so close we felt it would be better to give 10 at first and give back rather than go with a lower amount and say we’re not making budget and have to add them in,” Allison said.

One day costs the system $205,000.

Allison said the biggest challenges to the system’s budget are increased costs and increased insurance prices.

The district is expecting teacher retirement, health and other insurance costs to rise by $1 million.

Allison said $300,000 of that would pay for longevity increases in current staff salary schedules.

The board also heard from Brad Freeman, the audit manager of the Georgia Department of Audits and Accounts, about the system’s “clean” 2012 audit.

Freeman said the general fund balance of $9.7 million was consistent with the previous year’s and supported increases in salaries.

“Which means that y’all budgeted very well in that respect,” Freeman said. “In these times of economic conditions you all did very well with that. We do consider the fund balance healthy.”


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