FY2024 - TSHEET (as of 05-23-2023).xlsx

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Agenda Item

2. Adoption of the DeKalb County School District Budget for 2023-2024 (FY24)

Summary: Presented by: Dr. Vasanne S. Tinsley, Interim Superintendent
Mr. Byron Schueneman, Chief Financial Officer, Division of Finance
Request: It is requested that the Board of Education adopt the DeKalb County School District FY2024 Budget.
Contact: Mr. Byron Schueneman, Chief Financial Officer, 678.676.0289
Effective: July 1, 2023
Status: Attorney approval not required
                                                         DEKALB COUNTY SCHOOL DISTRICT
                                            FY 2024 GENERAL FUND SUPERINTENDENT'S PROPOSED BUDGET

           GENERAL FUND BALANCE
       FY 2024 Beginning Estimated
                                             333,000,000
            Available Fund Balance

               ANTICIPATIONS                                                                             APPROPRIATIONS
                                                                                                                                                              Change
                                                                            FUNCTIONS                           FY24 Proposed       FY2023 Adopted
                                                                                                                                                       + increase/ ‐decrease
                                                           INSTRUCTION                                              824,704,604          707,850,740            116,853,864
                                                           PUPIL SERVICES                                            93,918,050          137,263,249             (43,345,199)
                                                           IMPROVEMENT OF INSTRUCTIONAL SERVICES                     17,841,605           19,037,168              (1,195,563)
                  FY LOCAL REVENUE         920,360,365     INSTRUCTIONAL STAFF TRAINING                               1,087,907              607,149                 480,758
                            Interest        9,000,000      EDUCATIONAL MEDIA SERVICES                                16,806,176           16,832,699                 (26,523)
                          Transfers         1,433,772      GENERAL ADMINISTRATION                                    63,485,320           44,169,350              19,315,970
                                                           SCHOOL ADMINISTRATION                                     83,936,113           73,647,511              10,288,602
                                                           SUPPORT SERVICES ‐ BUSINESS                               27,492,239           18,590,759               8,901,480
        LOCAL REVENUE SUBTOTAL             930,794,137     MAINTENANCE AND OPERATION OF PLANT SERVICES              223,415,061          180,834,143              42,580,918
                                                           STUDENT TRANSPORTATION SERVICE                            79,184,601           83,610,283              (4,425,682)
                                                           SUPPORT SERVICES ‐ CENTRAL                                33,173,661           31,042,390               2,131,271
                                                           OTHER SUPPORT SERVICES                                     3,431,416            1,897,064               1,534,353
                                                           SCHOOL NUTRITION PROGRAM                                     335,000            1,005,000                (670,000)
             FY 2024 STATE REVENUE          693,318,848    ENTERPRISE OPERATIONS                                         61,672              989,246                (927,574)
                  Local 5‐mill Reduction   (175,665,285)   TRANSFERS & OTHER OUTLAYS                                  8,341,294            7,587,334                 753,960
                    Austerity Reduction          0         DEBT SERVICE                                                                            0                       0
                   Other State Funding       6,267,018

        STATE REVENUE SUBTOTAL             523,920,581


           FY2024 REVENUE TOTAL 1,454,714,718

                                                                                                SUBTOTAL        1,477,214,718        1,324,964,085         152,250,633
Anticipated Fund Balance Drawdown           22,500,000

                                           1,477,214,718                                                                        APPROPRIATION TOTAL       1,477,214,718

                                                                                               ENDING FY 2024 FUND BALANCE (projected)                   310,500,000