The Gainesville City School System’s tentative budget for next year was approved Monday, but the budget does not include possible millage changes.
The Gainesville school board approved the tentative budget at its regular meeting.
School board member Sammy Smith asked Chief Financial Officer Janet Allison about the required schedule for budgeting. Smith clarified state law requires a budget be adopted, if tentatively, by July 1.
“Adopting a new budget does not adopt a millage rate for homeowners or business owners yet,” Smith said.
The millage rate is currently at 7.48. Allison said by early August, the system should have confirmed the information necessary for a millage rate adoption recommendation.
“That will include any updated property tax projection from the city of Gainesville,” she said.
Superintendent Wanda Creel said a number of people helped with this year’s budgeting process, which included detailed analysis at the school level.
“I want to commend Janet and the staff, all of our leadership teams from the schools and our district leaders,” Creel said. “For the first time since 2007, we have been able to put forward a balanced budget, without having to use our fund balance.”
The tentative budget projects an estimated $10.5 million general fund balance, with $79.9 million in total projected revenues and the exact same amount, to the dollar, in total projected expenditures.
No changes were made to the tentative budget since the first round of hearings held this month.
The board also approved the fiscal year 2016 salary schedules and supplements. The schedules, including certified, classified and technology salary schedules, were the same as those for 2015.