Tuition Calculation - SY23-24

AID 1546246 · View on Simbli

Agenda Item

d. Approval of Non-Resident Student Tuition for the 2023-2024 SY (not to exceed $4,758.51 for the 2023-2024 SY)

Summary: Presented by: Mr. Byron Schueneman, Chief Financial Officer, Division of Finance
Request: It is requested that the Board of Education approve the non-resident student annual tuition fee of $4,758.51 for the 2023-2024 school year, as calculated using state provided formula in the attached spread sheet.
Why: To provide an approved tuition fee for non-resident students as authorized by the Georgia Department of Education. This fee represents the average locally financed cost per student for the previous year.
Financial impact: Non-resident tuition is revenue for the general fund.
Contact: Mr. Byron Schueneman, Chief Financial Officer, Division of Finance, 678.676.0289
Status: Attorney Approved Not Required
                         DeKalb County Board of Education
                 Tuition Calculation for the 2023-2024 School Year

                           Expenditures (General Fund)*

   Function
     1000      Instruction                                       722,365,645.32
     2100      Pupil Services                                     67,924,084.42
2210/2213/2230 Improvement of Instructional Services              10,981,423.22
     2220      Educational Media Services                         15,196,460.82
     2300      General Administration                             38,892,106.41
     2400      School Administration                              75,543,523.60
     2500      Support Services - Business                        13,470,602.68
     2600      Maintenance & Operation of Plant Serivces         108,183,585.37
     2700      Student Transportation Services                    59,827,333.32
     2800      Support Services - Central                         22,953,128.06
     2900      Other Support Services                              1,161,729.21
     3100      School Nutrition Program                               14,038.69
     5000      Other Outlays                                               0.00
                                            Total Expenditures 1,136,513,661.12

                          State Revenues (General Fund)*

    Function
      3XXX       State Revenue                                       530,466,394.85
      3124       QBE Contra Account - Austerity Reduction              3,273,840.00
      3140       QBE Contra Account                                  150,072,599.00
                                                 Total Revenues      683,812,833.85

                                                    Expenditures 1,136,513,661.12
                                                 (LESS) Revenues (683,812,833.85)
                               Total Locally Funded Expenditures   452,700,827.27

                               Total Locally Funded Expenditures     452,700,827.27
                  Final Mid-Term Allotment Sheet FTE (Prior Year)            95,135
                            Average Local Share per Student Cost           4,758.51



* Figures are obtained from (2021-2022) DE046 financial analysis
Report located - H Drive - Audit/State Audit FY 2022/DE046/FY2022 ACTUALS
Title - FY2022 DE046 ACTUALS worksheet (09-28-22 FINAL FINAL)