The Fulton
County Board of Education gave tentative approval Tuesday night to a budget
that could see a tax rate reduction for property owners.
If the reduction
receives final approval, some homeowners' actual tax bill may still increase
because the value of their homes has increased.
The general
fund budget is $559 million, which includes a 4 percent salary increase
for all employees.
Other items
in the budget include:
$5.6 million
for three charter schools.
An additional
$11 million for Fulton's contribution to the state's Local Fair Share
Program.
Funds to accommodate
anticipated student growth.
$2 million
to grant additional credit, up to seven years, to teachers with experience
in other systems.
Funds to improve
the new teacher induction program, support an alternative certification
program, and peer diversity and cultural awareness programs.
Added to this
list during Tuesday's called meeting were stipends for lacrosse coaches,
high school extramurals and seventh grade intramurals.
Several items,
though, did not make the cut in this year's budget.
Eliminated
from the budget are funds for off-grade testing on the Stanford 9, the
new test that has replaced the Iowa Test of Basic Skills in Georgia schools.
The test will now be given only in grades three, five and eight, as required
The purchase
of school buses, textbooks and curriculum assessments were delayed until
2002-2003, as were several instructional technology, maintenance and operations
items.
Also delayed
was the roll-out of a new team approach to evaluating student progress.
Class sizes in summer school increase in the new budget, while funding
for summer school support personnel decreases.
Furniture and
equipment purchases were eliminated, computer upgrades and field maintenance
were reduced, and reductions were made in operating costs for personnel,
student services and staff development. Reductions were made throughout
the system in professional contracted services and out-of-system travel.
The tentative
budget is revenue-neutral. This means that the property tax rate must
be rolled back to offset any increased revenue due to property reassessments.
The board anticipates a rollback of approximately one mill for operations
and .05 mill for debt service in the final budget.
At the meeting,
the members approved a tentative millage rate of 19.35 mills for maintenance
and operations and .8 mill for retirement of debt, a total of 20.15.
But at its
June meeting, after receiving the tax digest, the board is expected to
approve a rate of 19.1 to reflect the increase in property values.
A mill is one
dollar per thousand dollars of a home's assessed value. Assessed value
is 40 percent of the market value, minus any exemptions.







Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…