FY2027 Budget Presentation April 29 - BOE Retreat

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Agenda Item

8. SY27 Budget Development Update ~ Updated 4.28.2026

Summary: Presented by: Mr. Byron Schueneman, Chief Financial Officer, Division of Finance
   FY2027 Budget
April 29th, 2026 – BOE Retreat




                                 1
    State
Legislation & QBE



                    2
Legislative Updates
             Process
             The 2026 Legislative Session ended on April 2nd. The governor has 40 days (until
             May 12th ) to approve or veto. As of April 28th he has not signed or vetoed any
             education or tax related bills that we have been monitoring. It is common for
             the governor to wait until the last few days to veto.




                                                                                           3
Legislative Updates
             SB33 Homeownership Opportunity and Market Equalization Act of 2025
             (HOME): Not signed by Governor as of 4/27/26 – Has until May 12th
             1. Establishes a Local Homestead Option Sales Tac (LHOST) – School systems
                are not eligible
             2. Provisions related to calculations of QBE for Educational Purpose
             3. Increases the maximum allowable balance in reserve funds from 15% to
                25%
             4. Eliminates ability to opt out of HB 581 from 2024, mandates participation
                in Base Year Floating Homestead Exemption.
             5. Effective on the date of the Governor’s signature

             HB1193: Not signed by Governor as of 4/27/26 – Has until May 12th
             1. Increases funds to provide literacy coaches in schools with students in
                grades K-3.




                                                                                            4
FY2027 State Budget Highlights
Not signed by Governor as of 4/27/26 – has until May 12th.

Noteworthy Changes:
1. $36,400,437 Increase funds for the Teachers Retirement System to reflect an increase in the actuarially
   determined employer contribution from 21.91% to 22.32%.
2. $69,804,000 increase in funds to reflect an increase in the health insurance employer contribution PMPM
   from $1,885 to $1,935 effective July 1, 2026 (*Note: This is for certified staff, but the increase also applies to
   non-certified staff.) Note this is a change from the original $2,028 PMPM proposed by Kemp.
3. $70,416,120 increase in funds to provide literacy coaches in schools with students in grades K-3 per HB
   1193 (2026 session)

Ongoing:
1. $116,018, 875 for school security grants
2. $38,169,401 increase in funds for pupil transportation formula grants to reflect updated bus counts and
   operations
3. ($35,984,661) adjustment for the Local 5 Mill Share
4. No line item for $1K Custodial Supplements.

                                                                                                                        5
       National
Federal Programs & Economy




                             6
Inflation – CPI-U
                    SB33:
                    Mandates participation in Base
                    Year Floating Homestead
                    Exemption. Growth in revenue
                    attributable to re-evaluation
                    growth will be capped at 2.7%,
                    or perhaps 3% depending on SB-
                    33.




                                                7
Unemployment
               Unemployment:
               • Rate in Georgia is relatively
                 unchanged from a year ago,
                 sitting at 3.5%.
               • Recommendation to set the
                 DCSD vacancy rate estimate
                 (salary savings) at 3.5% by
                 function. Total is -$45.5M.




                                                 8
Federal Programs
Per Dr. Warren – no updates that would significantly impact
DCSD Federal Programs as of 4/16/26




                                                              9
       Local
2025 Tax Commissioner’s
         Report



                          10
2025 Tax Commissioner’s Report - Financial Highlights

                                        DCSD Digest & Homestead:
                                        • 2025 Gross Digest was
                                          $50,745,199,255
                                        • 2025 Gross Digest Total for
                                          Homestead Properties -
                                          $23,931,799,627, 47% of Total
                                          Digest will be subject to SB33,
                                          floating homestead exemption.




                                                                     11
2025 Tax Commissioner’s Report - Financial Highlights




                                                        12
2025 Tax Commissioner’s Report - Financial Highlights

                                     DCSD 2026 Tax Collection Estimates:

                                     •   Actual 2020 – 97.15
                                     •   Actual 2021 – 97.34
                                     •   Actual 2022 – 98.03
                                     •   Actual 2023 – 97.17
                                     •   Actual 2024 – 97.08
                                     •   Actual 2025 – 96.10
                                     •   Budget 2026 – 97.5% - includes
                                         receipt of delinquent taxes




                                                                          13
Revenue Projection
QBE, Property Taxes, Other




                             14
General Fund Revenue
 1. Quality Basic Education (QBE) Funds – 35.6%
     • Current estimates based on internal calculations given known conditions (TRS, SHBP, FTE, CPI)
     • Adjusted for reading specialists
     • Awaiting initial estimate as of 4/27/26
 2. Property Taxes – 62.4%
     • Added 3.5% to 2025 assessment
     • Awaiting SB33 impact and resulting property tax digest on 5/15/26
 3. Other – 1.9%
     • Based on historical trends.




                                                                                                       15
General Fund Revenue Projection
                                            Revenue in Millions

FY2027              591.4                                                     996.9                                70.6

FY2026              588.2                                                    963.2                               45.2

FY2025             544.5                                              919.7                               80.9

FY2024         517.6                                               868                             69.1

FY2023        496.9                                     745.9                                63

         0   200            400   600                 800              1000           1200        1400            1600    1800
                                        State (QBE)         Property Taxes    Other




                                                                                                                            16
General Fund Revenue – 3 Year History




                                        17
     Initiatives &
Budget Alignment to Strategic
            Plan



                                18
FY2027 NEW Budget Initiatives
   1. Mandatory - TRS increase from 21.91% to 22.32% - $3.5M
   2. Mandatory – SHBP increase from $1865 to $1935 PMPE - $6.5M
   3. Mandatory – Reading Specialist at every school serving K-3 grade band – 75 total -
      $8.5M
   4. Step increases for eligible employees - $5.0M
   5. Transfer incentive for highly effective teachers / leaders that go to Horizon schools -
      $360K annually.
   6. Enhance 403b benefits (vesting period set at 2 years for all employees - $1.5M)
   7. Additional paraprofessionals for any school that serves Kindergarten
       • 66 paras paid from Title – $3.6M
       • 14 paras paid from General (Horizon) - $760K
       • 10 paras paid from General - $550K




                                                                                                19
FY2027 Ongoing Budget Alignment
                      Budget Alignment & Priorities:
                      • 1.1 – “95 Phonics Core Program”
                      • 1.1 – “Amira Tutor” High-Dosage 1:1 for 80 MTSS &
                         ELA Coordinators
                      • 1.1 – Pre-k (3) classrooms (50)
                      • 1.1 - K-3 Reading Specialist
                      • 1.1 – MTSS (123)
                      • 1.2 - Special Education Lead Teacher (131)
                      • 1.3 - Half Cap
                      • 1.4 & 1.5 *Social Studies Curriculum Adoption
                      • 1.4 & 1.5 *Science Curriculum Adoption
                      • 1.4 & 1.5 - Kindergarten paraprofessionals
                      • 1.4 & 1.5 - Library Media Assistants (121)
                      • 1.4 & 1.5 - Horizon Area Funding
                      • 1.6 – “Ignite U”



                                                                  20
FY2027 Ongoing Budget Alignment
                      Budget Alignment & Priorities
                      • 2.1 Elementary School Athletics
                      • 2.3 School Messenger




                                                          21
FY2027 Ongoing Budget Alignment
                      Budget Alignment & Priorities:
                      • 3.1 - HRMS
                      • 3.1 – LinkedIn Recruiter & Indeed
                      • 3.2 - SuperEval
                      • 3.1 - Horizon Transfer Incentives
                      • 3.3 - Step Increases
                      • 3.3 – SHBP & TRS increases
                      • 3.3 – Enhance 403b vesting period
                      • 3.3 – Difference Maker Campaigns
                      • 3.4 - IGNITE Teacher Residency Program
                      • 3.4 - TAPP – Alternative Teacher Certification
                      • 3.4 - Para to Teacher Apprenticeship Program
                      • 3.4 – ASPIRE (graduating seniors)




                                                                     22
FY2027 Ongoing Budget Alignment
                      Budget Alignment & Priorities:
                      • 4.1 & 4.2 - PBIS Coaches (7) and Coordinator (1) –
                         Implement PBIS framework within 60 schools, > 500
                         staff.
                      • 4.1 & 4.3 - Area Culture & Climate Coordinators (17)
                      • 4.1 & 4.2 – “Rethink Ed”– to be implemented in all
                         high schools through ISS paraprofessionals.
                      • 4.3 - “EveryDay Labs” – Platform that helps track
                         attendance detail and parental support, >1,100 users.
                      • 4.3 - Attendance Specialists (7)
                      • 4.4 - De-escalation training by Student Relations Staff
                         to > 2,500 district staff; Special Education Staff
                         provides CPI.




                                                                     23
FY2027 Ongoing Budget Alignment
                      Budget Alignment & Priorities
                      • 5.1 - SAFE Centers (8+) served > 5,000 students
                         (therapy, mindfulness, restorative circles etc…)
                      • 5.1 - School Level Mental Health Specialist (4)
                      • 5.1 – Psychologists (43), Counselors (266)
                      • 5.2 - Cartwheel Mental Services (Grant Funded)
                      • 5.3 - “Unum” to provide Employee Assistance
                         Program (EAP)
                      • 5.3 - Area Mental Health Coordinators (7)
                      • 5.3 - School Social Workers (66) – increased by (19)
                         in past two years.
                      • 5.3 – Mental Health Specialists (6) placed at
                         specific schools




                                                                     24
FY2027 Ongoing Budget Alignment




                                  25
FY2027 Ongoing Budget Alignment
                      Budget Alignment & Priorities:
                      • 6.1 – Elementary School Safety Associates (?)
                      • 6.1 – Centegix – Emergency Alert System
                      • 6.1 – Evolve – Weapons Detection & Conveyor Belt
                         Systems
                      • 6.4 – Device Insurance / Stratix – device repair
                         ($3M / Under $30 annually per student and staff)
                      • 6.4 – Canvas Learning Management (900k), (600K)
                         Google for education, (1.5) Microsoft Enterprise
                         Solution etc…
                      • 6.5 – Class Wallet - $200/teacher for classroom
                         supplies.
                      • 6.5 – Tyler Technologies (Munis)
                      • 6.5 – Alloview (Budget Reduction)




                                                                   26
 Fund Balance
General Fund Reserves



                        27
General Fund – Fund Balance Policy




                                     28
General Fund – Fund Balance Monitoring
   Date                Description           Amount               Percentage of Exp
   7/1/2026            Start                 $400,000,000         23.7%
   8/31/2026           Low                   $350,000,000         20.8%
   8/31/2026           Low w/ Curr Adop      $320,000,000         19.0%
   6/30/2027           End                   $372,289,190         22.1%
   6/30/2027           End w/ Curr Adop      $342,289,190         20.3%
    1. Estimated low point in August ~ 20.8%
    2. Difference between 20.8% and 15% ~ $98M
    3. One time expenditures – non-recurring in nature. Recommend to set aside $68M for:
        1. Curriculum adoption & textbook / resource purchases
        2. Potential litigation
        3. Other unknown
    4. Balance future budgets: Recommend no more than $30M for FY2027 budget.



                                                                                           29
General Fund
– FY27 Budget
Summary

                30
     Timeline
Budget and Millage Rate



                          31
Taxpayer Bill of Rights
SB 177 Act 431 | 1999 Session
Effective Jan. 2000


• Enhance individual property owner’s rights when
  appealing an increase in property value
• Prevent tax increases as a result of increases to existing
  property values in a county due to inflation



                                                               32
                                             FR
Department of Revenue
DOR WEBSITE

• Copy of applications and other forms

• Definitions

• Advertisement guidelines and examples

• Digest Submission Manual link:
  https://dor.georgia.gov/document/publica
  tion/2019digestsubmissionmanualpdf/do
  wnload
                                             33
                                        FR
Levying &
Recommending
Authorities
W H O M U S T C O M P LY


➢Any governing authority that has the
 power to levy ad valorem taxes in
 order to carry out their purposes
✓County Governing Authorities
✓Independent and Area School Board
✓Municipalities
X Community Improvement Districts

                                        34
                                                                                                  FR
Rollback Rate
I F T H E M I L L A G E D O E S E X C E E D R O L L B A C K R AT E
Complete each of the following:
    1.   Press Release - Press Release must be issued to local media at the same time the first
         Notice of Property Tax Increase is ran in the local newspaper
    2.   Notice of Property Tax Increase
    3.   Current Tax Digest and Five-Year History of Levy
    4.   Post Notice and Five-Year History on website at the same time they are ran in the
         newspaper
    5.   Public Hearings




                                                                                                  35
Notice of Property Tax Increase Example

       MUST BE IN THIS FORMAT. NO LANGUAGE CAN BE
                    ADDED OR REMOVED
Advertisement
ADVERTISEMENT GUIDELINES

• The 1st public hearing must be advertised one
  week in advance in a physical newspaper of
  general circulation and on the taxing authority’s
  website in a prominent location
• The Five-Year History must be advertised at least
  one week prior to the millage adoption date and
  be posted on their website. Must include date,
  time, location of the meeting.
• NOTHING CAN BE ALTERED FROM THE STATUTORY
  LANGUAGE ON EITHER ADVERTISEMENT
                                                      37
                                                              FR


Advertisement
ADVERTISEMENT GUIDELINES


• Ads must be displayed in a physical newspaper of general
  circulation serving the residents of the authority
• Ads should be displayed in the newspaper and on the local
  government's website in a “prominent” location
• Ads cannot be posted in the legal section
• Notice of Property Tax Increase must be 30 square
  inches(ex: 5”x6” or 6”x5”)


                                                              38
                                                                                                 FR
Public Hearings
REQUIREMENTS WHEN HOLDING THREE PUBLIC HEARINGS

• Three public hearings are required when exceeding the rollback rate
• One of the three must be held between 6:00 pm and 7:00 pm
• All hearings shall be held at a time and place that is “convenient” for the taxpayers
• The 1st and 3rd hearings must be at least seven days apart
• If two hearings are held on the same day, one must be held no later than noon and the other
  between 6:00 pm and 7:00 pm
• One hearing may coincide with the budget hearing, and the other may coincide with the
  meeting to set the final millage
• The Notice of Property Tax Increase must be run in a local newspaper at least one week prior
  to each hearing and include the time and place of the hearing(s)
• If holding virtual public hearings, all links, passwords, and phone numbers must be included
  in the advertisements, and comply with HB 98

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Budget Timeline
   •   Wednesday, April 29th Board Retreat - Initial presentation of the FY27 General Fund Budget
   •   Thursday April 30th– Tax Digest Approved, early estimates distributed to DCSD Monday May 4th –
       Will not include SB33 info.
   •   May 6th - May 8th – BOE Mini-Sessions to review tax digest and discuss millage rate, finalize
       recommendation
   •   Monday, May 11th Executive Session, Work Session, Community Input Session & Business Meeting
       –
         • Tentative Adoption of the Proposed FY2027 Budget/Revenue Projection
         • Resolution to tentatively adopt millage rate of 22.78
   •   May 15th Official tax digest documents from tax commissioner’s office. Includes SB33 info.
   •   June 1st – 1st Budget Presentation & Millage Rate Hearing 10:00 AM.
   •   June 8th – 2nd Budget Presentation & Millage Rate Hearing 6:00 PM.
   •   June 15th – 3rd Millage Rate Hearing at 10:00 AM.
   •   June 15th - Executive Session, Work Session, Community Input Session & Business Meeting
         • Approval of the Final Tax Levy Resolution (22.78)
         • Adoption of the Final FY2027 Budget/Revenue Projection for all funds




                                                                                                        40
FY27 Budget
Documents


              41
Budget Documents
     •   Exh A: FY2027 Initial Budget
           • FY27 Budget Summary
           • GF Revenue Detail
           • GF Expenditure Detail
           • GF Expense – Pivots (separated by Operational vs Salary & Benefits)
                 • By Function
                 • By Division & Project
           • Central Office Position Detail
           • Central Office Position Pivot
           • School Position Allocations
           • School Position Summary
           • Revenue & Expense Detail
     •   Exh B: FY2027 Guide to Understanding DCSD’s Allotment Process




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