A windfall
of nearly $400,000 has allowed the Fayette County Board of Education to
fund several new positions in and out of the classroom for the coming
academic year.
The Teacher
Retirement System of Georgia announced in late May that the employer contribution
rate would be reduced from 11.29 percent to 9.24 percent effective July
1, Superintendent John DeCotis reported at the July school board meeting.
This means the board's contributions for the 2002 fiscal year have been
reduced by about $1.6 million.
However, the
Georgia Department of Education's revised allotment sheets for the coming
year show a withdrawal of $1.2 million in retirement funds, leaving a
difference of about $400,000.
DeCotis recommended
that the money be reallocated to fund other needs not orginally funded
in the 2002 budget, such as:
The addition
of one psychologist, bringing the county's total to eight.
The addition
of one locksmith in the Facilities Department (there was previously only
one on staff).
The addition
of four classroom teacher positions.
Funding of
DeCotis' own pay increase, approved by the board in June.
Allotment
of $107,798 for special projects in the Facilities Department.
All of the
above recommendations were approved by the board.
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