FY2024 - TENTATIVE CONSOLIDATED BUDGET (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
                                                                 ALL FUNDS - BUDGET FOR
                                                            DEKALB COUNTY BOARD OF EDUCATION
                                                             JULY 1, 2023 THROUGH JUNE 30, 2024

                                                                 General             Special             Debt         Capital        Sch.
                                                                                                                                                     Total
                                                                  (K-12)             Revenue            Service       Outlay        Nutrition
Anticipated Funds Available
   Local Revenue                                                   920,360,365           10,748,214                   151,000,000     61,049,795    1,143,158,374
   Interest                                                          9,000,000                                    0                                     9,000,000
   State Funding                                                   523,920,581           14,948,133                                            0      538,868,714
   Federal Funding                                                                      101,736,718                                   11,801,978      113,538,696
   Transfers and Other Local Funds                                    1,433,772           4,998,766               0                    2,800,000        9,232,538



   Total Revenue Anticipated                                     1,454,714,718          132,431,830               0   151,000,000     75,651,773    1,813,798,322

            Beginning Unassigned Fund Balance                      288,000,000                                        424,679,138     29,226,079     741,905,217
        Beginning Assigned Fund Balance (Gold)                      45,000,000                                                                        45,000,000
   Beginning Fund Balance 7/1/2023 *                               333,000,000                      0             0   424,679,138     29,226,079     786,905,217

   Total Funds Available                                         1,787,714,718          132,431,830               0   575,679,138    104,877,852    2,600,703,539



Budgeted Expenditures
  Instruction                                                      824,704,604           63,402,901                                                  888,107,506
  Pupil Services                                                    93,918,050           29,481,714                                                  123,399,764
  Instructional Staff Training                                      17,841,605            2,471,551                                                   20,313,155
  Instructional Staff Services                                       1,087,907           22,615,335                                                   23,703,242
  Educational Media Services                                        16,806,176               19,375                                                   16,825,551
  Federal Grant Administration                                                            8,632,163                                                    8,632,163
  General Administration                                            63,485,320            1,112,838                                                   64,598,158
  School Administration                                             83,936,113              266,428                                                   84,202,540
  Support Services - Business                                       27,492,239                                                                        27,492,239
  Maintenance & Operations                                         223,415,061              415,346                     1,207,172                    225,037,579
  Transportation                                                    79,184,601              275,548                                                   79,460,149
  Support Services - Central                                        33,173,661              941,305                                                   34,114,966
  Other Support Services                                             3,431,416                6,500                                                    3,437,916
  School Nutrition                                                     335,000                2,500                                    75,651,773     75,989,273
  Enterprise Operations                                                 61,672            1,897,082                                                    1,958,754
  Facilities Acquisition & Construction Services                                                                      198,465,124                    198,465,124
  Transfers to Other Funds                                            8,341,294             891,245               0                                    9,232,539
  Agency                                                                                                          0     5,810,913                      5,810,913
  Debt Service                                                                                                                                                 0

   Total Expenditures                                            1,477,214,718          132,431,830               0   205,483,209     75,651,773    1,890,781,531

              Ending Unassigned Fund Balance                       288,000,000                      0             0   370,195,929     29,226,079     687,422,008
                Ending Assigned Fund Balance                        22,500,000                                                                        22,500,000
   Ending Fund Balance 6/30/2023                                   310,500,000                      0             0   370,195,929     29,226,079     709,922,009



   Total Funds Allocated                                         1,787,714,718          132,431,830               0   575,679,138    104,877,852    2,600,703,539

    * NOTE: Beginning fund balance are estimates. Local tax and sales tax revenues are estimated.