FY2025 TSHEETas of 4.17.2024 SEMI FINAL PAGE 2

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Agenda Item

c. Budget Presentation (Updated 4.18.2024)

Summary: Presented by: Mr. Byron Schueneman, Chief Financial Officer, Division of Finance
2024-2025 PROPOSED BUDGET



FY2024 General Fund Budgeted Expense        1,477,214,718     FY2024 General Fund Budgeted Revenue                                          1,477,214,718
FY25 Initiatives                               Estimate       FY25 Change                                                                      Estimate
$2,500 increase from Governor                   23,658,000    Local Tax Digest / Other Local Revenue                                        $ 43,924,148
$500 Additional Certified Local Increase         4,700,000    Quality Basic Education / Other State Revenue                                 $ 33,116,130
4% Classified Salary Schedule Increase          12,000,000    FY2025 General Fund Budgeted Revenue                                          1,554,254,996
Step Increase                                    5,000,000
State Health Benefit Increase                   13,000,000                                              Revenue Mix
TRS Increase                                     5,300,000
MTSS (to General Fund)                           2,500,000
Capital Improvement Fund                        22,500,000
Ignite                                           6,665,289
Academic Skills Center                           3,000,000                                    State
Early Learning Expansion                         1,043,131
EIP Advancement                                  5,215,656                                    36%
3 Advisors / High School                         1,500,000                                                                Local
SFN All Kids Eat Free                            4,800,000
                                                                                                                          64%
Additional Social Workers and Counselsors        2,000,000
Additional Athletic Directors                    1,000,000
Move 120 Nurses from 6 to 8 hours                2,040,092
Additional Assistant Principals                  1,391,000
Comp & Class Study Grade Band Corrections        1,000,000
Net Savings in Other Divisions                 (13,772,890)
FY2025 General Fund Budgeted Expense        1,581,754,996     FY2025 Certified Staff for T&E                                                       7,669
Starting FY25 Teacher Salary                $    59,976.00
ESSER III Retention / New Hire Supplement   $      2,000.00                        Teachers by Certificate Level
                                                                                           T-7 Doctorate                   Provisional
                                                                                                7%                             8%
Student FTE (Enrollment) for FY25 QBE:
                                                                           T-6
Program                                       FY25 FTE
                                                                        Specialist
Kindergarten                                     6,174.00                 18%                                                                         T-4
Kindergarten EIP                                   235.33                                                                                          Bachelors
Grades 1 to 3                                   17,359.67                                                                                            21%
Primary Grades 1-3 EIP                             991.00
Grades 4 to 5                                   10,855.67
Grades 4-5 EIP                                     577.00
Middle School 6 to 8                            16,467.00                                              T-5 Masters
Grades 9 to 12                                  18,300.00                                                  46%
Special Education Level 1                        6,695.00
GNETS Program                                       44.00
Gifted                                           5,311.33
Remedial Education                                 682.33
Vocational High School Lab                       3,920.00                              Teachers by Years of Experience
Dual Enrollment - General Education                482.67     2,500.00
Dual Enrollment - Vocational                        31.67
                                                              2,000.00
Other (Non-State Funded)                            76.67
ESOL                                             3,891.33     1,500.00

System Total for DeKalb County                 92,095         1,000.00

General Fund Expenditure Per Student        $   17,175.32      500.00


                                                                 0.00
                                                                         E,0,1,2   3   4      5    6     7       8     9,10   11,12 13,14 15,16 17,18 19,20   21+

                                                                                                   Teachers by Years of Experience