CHICKAMAUGA CITY SCHOOLS PROPOSED BUDGET SUMMARY
FISCAL YEAR 2017GENERAL FUNDREVENUE:Local Revenue: $2,679,198State Sources (QBE & Categorical Grants): $7,713,849Other Sources (State Grants & Other Agencies): $43,753Total Revenue: $10,436,800BEGINNING FUND BALANCE:Unassigned: $367,102Committed, Technology: $73,084Committed, Transportation: $131,901Committed, New Construction: $85,545Total Fund Balance, July 1, 2016: $657,632TOTAL REVENUE & BEGINNING BALANCE: $11,094,432EXPENDITURES:Instruction: $7,100,867Pupil Services: $220,846Instructional Services: $53,469Media Services: $244,566General Administration: $555,035School Administration: $757,160Business Services: $209,228Maintenance and Operation: $1,109,465Transportation: $50,722Support Services – Central: $5,200Other Support Services: $5,400Enterprise Operations: $47,300Capital: $459,512Total Expenditures: $10,818,770ENDING FUND BALANCE:Unassigned: $187,728Committed, Transportation: $87,934Total Fund Balance as of June 30, 2017: 275,662TOTAL EXPENDITURES & ENDING BALANCE: $11,094,432ALL OTHER FUNDSCapital Projects: $3,500,000Debt Service: $677,105Title I-A: $87,089Title II-A: $34,476Title VIB (Special Education): $194,501Federal Preschool-Special Education: $3,692Career, Technical and Agricultural Education: $18,823School Food Services: $655,000TOTAL ALL OTHER FUNDS: $5,170,686The budget will be considered for final adoption by the Board of Education on July 28, 2016, at 5:15 p.m. at the Board Room of Chickamauga City Schools, 402 Cove Road, Chickamauga, Ga.
Chickamauga City Board of Education will hold its third and final fiscal year 2017 budget meeting July 28. All citizens are invited to attend the 4:45 p.m. meeting and board meeting immediately after to approve the chosen budget.
“We anticipate $10,436,800 in revenues for the school year for our general fund,” said Chickamauga City Schools Finance Director Diane Miller. “We will end up with $657,632 in the bank to start the school year totaling the revenue up to $11,094,432. Total expenditures expected are $10,818,770.”
And, Georgia’s austerity reductions for schools are decreasing, according to Miller.
“For Fiscal Year 2017, the austerity reduction has decreased by $268,978,” said Miller, explaining that the FY2017 budget has $268,978 more in funding due to this. “The state only withheld $142,041 for austerity for the coming school year. For 2016 the state withheld $411,019 for austerity.”