FCS Budget Update for January 31, 2024

  • Budget Update
    January 2024

    Dear Fulton County Schools Community:

    As the district implements its budget process for FY 2024-25, Fulton County Schools (FCS) pledges to remain open and transparent throughout our annual planning activities. The comprehensive budget development effort takes several months and includes multiple steps of review, research, and community engagement. Today's message is part of a regular series of updates to help our employees, parents, and stakeholders become familiar with key dates, milestones, and external considerations.

    In December 2023, we began the budget process when school allotment guidelines were approved by the Board of Education and transmitted to school leaders, allowing them to begin their school-based budget development process.

    Next month, Chief Financial Officer Marvin Dereef will provide an update to the Board regarding Governor Brian Kemp's budgetary recommendations for the next fiscal year and its potential impact on the district; however, a picture of state funding will not be complete until the budget is finalized by the state in March or April. Staff will continue to closely monitor and engage with state officials as they work through their budget process and develop their funding priorities.

    Public involvement provides a critical perspective for making decisions, and we encourage the public to participate in this process. The public is invited to attend the budget hearings in May before the final adoption of the FY 2025 budget in June. Additionally, comments can be submitted anytime via email at boardservices@fultonschools.org, during monthly community meetings held by each Board member, or by phone.

    Budget Calendar for FY2025

        •  FY 2025 School Board Budget Parameters November 9, 2023
        •  FY2024 Midyear Budget Adjustments December 5, 2023
        •  FY 2025 School Allotment Formulas and Guidelines December 5, 2023
        •  Board Community Input March 2024
        •  FY2025 Enrollment forecasting presentation March 12, 2024
        •  Budget Markup #1 March 21, 2024
        •  Budget Markup #2 April 16, 2024
        •  Public Budget Hearing #1 May 7, 2024
        •  Salary Hearing #1 May 7, 2024
        •  Public Budget Hearing #2 May 15, 2024
        •  Salary Hearing #2 (if necessary) May 15, 2024
        •  Adoption of Tentative Budget/Tentative millage rates May 15, 2024
        •  Board Adopts Final Budget June 11, 2024
        •  Millage Rate Adoption Schedule TBD

    Please plan to stay engaged as we continue to share additional information with our community. More information about the budget process is available on the FCS website www.fultonschools.org/budgetservices and will be updated as the process moves forward.

    Fulton County Schools 

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