DCSD FY2027 Tentative Budget (All Funds)

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Agenda Item

d. Tentative Budget/Revenue Budget Projections and Tentative Tax Levy for FY2027 ~ Updated 5.7.2026

Summary: Presented by: Mr. Byron Schueneman, Chief Financial Officer, Division of Finance
Request: It is recommended that the DeKalb County Board of Education approve the FY2027 Tentative Budget for all funds, along with the resolution to approve the Tentative Tax Levy for calendar year 2026, which funds the District’s FY2027 Tentative Budget.
Details: The FY2027 Tentative Budget (All Funds) presents estimated revenues and expenditures across all governmental funds, including the preliminary General Fund operating budget, Capital Projects, School Nutrition, and other non-major funds.

General Fund
The FY2027 tentative General Fund budget is based on maintaining an assessed millage rate of 22.78 mills. Total General Fund revenues are estimated at $1,667,288,953.61, with planned expenditures of $1,684,669,763.30. The budget also includes $10,430,000 in transfers out to support certain non-major funds and reflects a planned use of General Fund balance totaling $27,710,809.69.

Capital Projects
The tentative Capital Projects budget includes estimated annual revenues of $174,600,000.00 and expenditures of $356,967,681.00, with no transfers in from the General Fund at this time. This results in a planned annual drawdown of Capital Projects fund balance of $182,367,681.00. It is important to note that this represents an estimated annual spending projection. Capital Projects funds, including SPLOST V and VI, are multi-year in nature, and the individual project budgets previously approved by the Board remain controlling over this annual budget estimate.

School Nutrition Fund
The School Nutrition Fund includes total revenues of $90,693,581.16 and expenditures of $90,793,581.16, supported by a $100,000 transfer in. Approximately 97% of School Nutrition revenues are derived from federal sources through the Child Nutrition Program, supporting breakfast, lunch, and snack services district wide.

Non-Major Funds
The Non-Major Funds category includes reimbursable state program revenues of $22,594,103.00 and federal program revenues of $98,955,552.70, for total anticipated revenues of $122,947,155.70. Planned expenditures total $133,347,855.70, with approximately $10.33 million in additional General Fund support provided for programs such as ROTC, Athletics, and Bright from the Start.

Federal Revenue Overview
Across all funds, the FY2027 Tentative Budget includes anticipated federal revenues totaling $188,036,382.86. These funds support critical district programs, including School Nutrition ($89,080,830.16), Title I ($50,070,238.62), and Special Education ($32,558,480.00), among others.

Millage Rate and Tax Considerations
Given the current tightening conditions in the education funding landscape, administration recommends maintaining the millage rate at 22.78 mills. When applied to the preliminary tax digest, the resulting tax increase is projected to be well below the 2025 Consumer Price Index for All Urban Consumers (CPI-U) of 2.7%. While Senate Bill 33-which would remove the District’s ability to opt out of the floating homestead exemption established under HB 581-has not yet been signed into law, maintaining the 22.78 millage rate aligns with the intent of HB 581 and reflects a tax increase below the rate of inflation.
Contact: Mr. Byron Schueneman, Chief Financial Officer, Division of Finance, 678.676.0270
Status: No Legal Approval Required
                                                                                          DEKALB COUNTY BOARD OF EDUCATION
                                                                                           FY27 Tentative Budget - As of 5.7.2026
                                                                                                   Governmental Funds




                                                                                                                                                                      NONMAJOR             TOTAL GOVERNMENTAL
                                                               GENERAL FUND          CAPITAL PROJECTS FUND         DEBT SERVICE FUND    SCHOOL NUTRITION FUND     GOVERNMENTAL FUND               FUNDS
REVENUES
 Property Taxes                                                  1,035,658,864.87                       -                           -                      -                        -           1,035,658,864.87
 Sales Taxes                                                         7,500,000.00            156,000,000.00                         -                      -                        -             163,500,000.00
 State Funds                                                       599,830,088.74                       -                           -                      -              22,594,103.00           622,424,191.74
 Federal Funds                                                                -                         -                           -            89,080,830.16            98,955,552.70           188,036,382.86
 Charges for Services                                                1,000,000.00                       -                           -                      -                        -               1,000,000.00
 Investment Earnings                                                20,000,000.00             18,275,000.00                         -                      -                        -              38,275,000.00
 Miscellaneous                                                       3,300,000.00                325,000.00                         -             1,612,751.00             1,397,500.00             6,635,251.00
   Total revenues                                                1,667,288,953.61            174,600,000.00                         -            90,693,581.16           122,947,155.70         2,055,529,690.47

EXPENDITURES
Current
  Instruction                                                    1,176,296,080.31             40,462,750.81                         -                      -              58,608,175.79         1,275,367,006.91
  Pupil Services                                                    43,536,352.02                       -                           -                      -              20,183,389.32            63,719,741.34
  Improvement of Instructional Services                             29,281,400.88                939,625.82                         -                      -                 469,412.00            30,690,438.70
  Instructional Staff Training                                         914,506.97                       -                           -                      -              33,014,864.72            33,929,371.69
  Educational Media Services                                         2,123,340.03                       -                           -                      -                  25,012.54             2,148,352.57
  Federal Grant Administration                                                                          -                           -                      -               5,365,639.77             5,365,639.77
  General Administration                                            49,069,914.92                       -                           -                      -               1,194,919.00            50,264,833.92
  School Administration                                              1,429,054.54                       -                           -                      -                 186,079.00             1,615,133.54
  Support Services - Business                                       22,380,035.36                       -                           -               154,630.33                10,500.00            22,545,165.69
  Maintenance And Operation                                        183,927,416.00                       -                           -                      -                 816,481.45           184,743,897.45
  School Safety And Security                                        26,992,131.84                       -                           -                      -               6,132,450.00            33,124,581.84
  Student Transportation Service                                    97,475,054.45              2,141,357.46                         -                      -                 691,232.11           100,307,644.02
  Support Services - Central                                        50,479,026.86              3,442,002.48                         -                      -                  19,700.00            53,940,729.34
  Other Support Services                                               250,026.16                       -                           -                      -                        -                 250,026.16
  School Nutrition Program                                                                              -                           -            90,638,950.83                      -              90,638,950.83
  Enterprise Operations                                                 55,000.00                       -                           -                      -               6,630,000.00             6,685,000.00
Capital Outlays                                                                                         -                                                  -                        -
  Facilities Acquistion & Construction                                 460,422.96            309,981,944.43                         -                      -                        -             310,442,367.39
      Total expenditures                                         1,684,669,763.30            356,967,681.00                         -            90,793,581.16           133,347,855.70         2,265,778,881.16
           Excess (deficiency) of revenues over expenditures       (17,380,809.69)          (182,367,681.00)                        -              (100,000.00)          (10,400,700.00)         (210,249,190.69)

OTHER FINANCING SOURCES (USES)
 Operating Transfers From Other Funds                                         -                         -                           -              100,000.00             10,330,000.00            10,430,000.00
 Operating Transfers To Other Funds                                (10,430,000.00)                      -                           -                     -                         -             (10,430,000.00)
 Sale or Compensation for the Loss of Capital Assets                   100,000.00                       -                           -                     -                         -                 100,000.00
   Total other financing sources (uses)                            (10,330,000.00)                      -                           -              100,000.00             10,330,000.00               100,000.00

        Net change in fund balances                                (27,710,809.69)          (182,367,681.00)                        -                    (0.00)              (70,700.00)         (210,149,190.69)
Fund balances - beginning                                          400,000,000.00            422,205,709.88                         -            21,000,000.00                70,700.00           843,276,409.88
Fund balances - ending                                             372,289,190.31            239,838,028.88                         -            21,000,000.00                    (0.00)          633,127,219.19




                                                                                                                                                                                                         1
                                                                                      CAPITAL PROJECTS FUND     CAPITAL PROJECTS FUND     CAPITAL PROJECTS FUND                                                   SCHOOL NUTRITION FUND
                                                              GENERAL FUND 100                 300                       305                       306              CAPITAL PROJECTS FUND     DEBT SERVICE FUND            622
REVENUES
 Property Taxes                                                   1,035,658,864.87                       -                         -                         -                         -                      -                      -
 Sales Taxes                                                          7,500,000.00                                                                156,000,000.00            156,000,000.00                    -
 State Funds                                                        599,830,088.74                                                                                                     -                      -
 Federal Funds                                                                 -                                                                                                       -                      -            89,080,830.16
 Charges for Services                                                 1,000,000.00                                                                                                     -                      -
 Investment Earnings                                                 20,000,000.00               275,000.00               4,000,000.00             14,000,000.00             18,275,000.00                    -
 Miscellaneous                                                        3,300,000.00               325,000.00                                                                     325,000.00                    -             1,000,000.00
   Total revenues                                                 1,667,288,953.61               600,000.00               4,000,000.00            170,000,000.00            174,600,000.00                    -            90,080,830.16

EXPENDITURES
Current
  Instruction                                                     1,176,296,080.31                                          462,750.81             40,000,000.00             40,462,750.81                    -
  Pupil Services                                                     43,536,352.02                                                                                                     -                      -
  Improvement of Instructional Services                              29,281,400.88                                                                    939,625.82                939,625.82                    -
  Instructional Staff Training                                          914,506.97                                                                                                     -                      -
  Educational Media Services                                          2,123,340.03                                                                                                     -                      -
  Federal Grant Administration                                                                                                                                                         -                      -
  General Administration                                             49,069,914.92                                                                                                     -                      -
  School Administration                                               1,429,054.54                                                                                                     -                      -
  Support Services - Business                                        22,380,035.36                                                                                                     -                      -              154,630.33
  Maintenance And Operation                                         183,927,416.00                                                                                                     -                      -
  School Safety And Security                                         26,992,131.84                                                                                                     -                      -
  Student Transportation Service                                     97,475,054.45                 20,506.46                                        2,120,851.00              2,141,357.46                    -
  Support Services - Central                                         50,479,026.86                                                                  3,442,002.48              3,442,002.48                    -
  Other Support Services                                                250,026.16                                                                                                     -                      -
  School Nutrition Program                                                                                                                                                             -                      -            90,026,199.83
  Enterprise Operations                                                  55,000.00                                                                                                     -                      -
Capital Outlays                                                                                                                                                                        -
  Facilities Acquistion & Construction                                  460,422.96             16,947,174.50             74,537,249.23            218,497,520.70            309,981,944.43                    -
      Total expenditures                                          1,684,669,763.30             16,967,680.96             75,000,000.04            265,000,000.00            356,967,681.00                    -            90,180,830.16
          Excess (deficiency) of revenues over expenditures         (17,380,809.69)           (16,367,680.96)           (71,000,000.04)           (95,000,000.00)          (182,367,681.00)                   -              (100,000.00)

OTHER FINANCING SOURCES (USES)
 Operating Transfers From Other Funds                                          -                         -                         -                         -                         -                      -              100,000.00
 Operating Transfers To Other Funds                                 (10,430,000.00)                      -                         -                         -                         -                      -                     -
 Sale or Compensation for the Loss of Capital Assets                    100,000.00                       -                         -                         -                         -                      -                     -
   Total other financing sources (uses)                             (10,330,000.00)                      -                         -                         -                         -                      -              100,000.00

         Net change in fund balances                                (27,710,809.69)           (16,367,680.96)           (71,000,000.04)           (95,000,000.00)          (182,367,681.00)                   -                    (0.00)
Fund balances - beginning                                           400,000,000.00             22,205,709.88            125,000,000.00            275,000,000.00            422,205,709.88                    -            21,000,000.00
Fund balances - ending                                              372,289,190.31              5,838,028.92             53,999,999.96            180,000,000.00            239,838,028.88                    -            21,000,000.00




                                                                                                                                                                                                                                2
                                                                   DEKALB COUNTY BOARD OF EDUCATION
                                                                    FY27 Tentative Budget - As of 5.7.2026
                                                                            Governmental Funds




                                                      NONMAJOR                 NONMAJOR                      NONMAJOR               NONMAJOR               NONMAJOR               NONMAJOR
SCHOOL NUTRITION FUND                             GOVERNMENTAL FUND        GOVERNMENTAL FUND             GOVERNMENTAL FUND      GOVERNMENTAL FUND      GOVERNMENTAL FUND      GOVERNMENTAL FUND
         610            SCHOOL NUTRITION FUND            120                      402                           404                    406                    414                    432

                  -                        -                      -                             -                         -                      -                      -                    -
                                           -
                                           -             12,644,545.00
                                 89,080,830.16                                        50,070,238.62             32,558,480.00           1,223,505.20           4,776,013.00             87,141.00
                                           -
                                           -
           612,751.00             1,612,751.00                       -
           612,751.00            90,693,581.16           12,644,545.00                50,070,238.62             32,558,480.00           1,223,505.20           4,776,013.00             87,141.00




                                           -              4,830,147.00                12,891,149.85             21,579,334.00             986,075.06                                       291.00
                                           -                452,735.00                 4,277,963.32             10,053,695.00                                                           25,500.00
                                           -                 97,773.00                                              49,559.00                                                           12,250.00
                                           -                  5,000.00                27,803,249.25                575,000.00             224,602.47           4,298,413.00
                                           -                                              25,012.54
                                           -                                           4,725,090.10                130,100.00              11,999.67             372,045.00             38,100.00
                                           -                                                                       170,792.00                 828.00             105,555.00
                                           -
                                    154,630.33
                                           -                775,000.00                    18,981.45
                                           -              6,131,450.00                     1,000.00
                                           -                352,440.00                   327,792.11                                                                                     11,000.00
                                           -
                                           -
           612,751.00            90,638,950.83
                                           -
                                           -
                                           -                       -                            -                         -                      -                      -                     -
           612,751.00            90,793,581.16           12,644,545.00                50,070,238.62             32,558,480.00           1,223,505.20           4,776,013.00             87,141.00
                  -                (100,000.00)                    -                            -                         -                      -                      -                     -



                  -                100,000.00                     -                             -                         -                      -                      -                    -
                  -                       -                       -                             -                         -                      -                      -                    -
                  -                       -                       -                             -                         -                      -                      -                    -
                  -                100,000.00                     -                             -                         -                      -                      -                    -

                  -                      (0.00)                   -                           (0.00)                      -                      -                      -                    -
                  -              21,000,000.00                    -                             -                         -                      -                      -                    -
                  -              21,000,000.00                    -                           (0.00)                      -                      -                      -                    -




                                                                                                                                                                                                    3
    NONMAJOR               NONMAJOR                 NONMAJOR               NONMAJOR                NONMAJOR                NONMAJOR
GOVERNMENTAL FUND      GOVERNMENTAL FUND        GOVERNMENTAL FUND      GOVERNMENTAL FUND       GOVERNMENTAL FUND       GOVERNMENTAL FUND            NONMAJOR             TOTAL GOVERNMENTAL
       462                    482                      532                    560                     581                     607               GOVERNMENTAL FUND               FUNDS

                 -                       -                       -                      -                       -                        -                        -           1,035,658,864.87
                                                                                                                                                                  -             163,500,000.00
                                                        1,652,562.00           8,296,996.00                                                             22,594,103.00           622,424,191.74
        6,214,671.00           3,395,503.88               630,000.00                                                                                    98,955,552.70           188,036,382.86
                                                                                                                                                                  -               1,000,000.00
                                                                                                                                                                  -              38,275,000.00
                                                                                                          97,500.00            1,300,000.00              1,397,500.00             6,635,251.00
        6,214,671.00           3,395,503.88             2,282,562.00           8,296,996.00               97,500.00            1,300,000.00            122,947,155.70         2,055,529,690.47




          884,689.00           4,395,503.88             1,481,810.00          11,559,176.00                                                             58,608,175.79         1,275,367,006.91
        4,967,718.00                    -                 405,778.00                                                                                    20,183,389.32            63,719,741.34
                                                           11,000.00             298,830.00                                                                469,412.00            30,690,438.70
           42,157.00                     -                                        66,443.00                                                             33,014,864.72            33,929,371.69
                                                                                                                                                            25,012.54             2,148,352.57
           88,305.00                     -                                                                                                               5,365,639.77             5,365,639.77
          231,802.00                     -                197,895.00             372,547.00              115,500.00                                      1,194,919.00            50,264,833.92
                                                          186,079.00                                                                                       186,079.00             1,615,133.54
                                                                                                          10,500.00                                         10,500.00            22,545,165.69
                                                                                                          22,500.00                                        816,481.45           184,743,897.45
                                                                                                                                                         6,132,450.00            33,124,581.84
                                                                                                                                                           691,232.11           100,307,644.02
                                                                                                          19,700.00                                         19,700.00            53,940,729.34
                                                                                                                                                                  -                 250,026.16
                                                                                                                                                                  -              90,638,950.83
                                                                                                                               6,630,000.00              6,630,000.00             6,685,000.00
                                                                                                                                                                  -
                 -                       -                       -                      -                       -                        -                        -             310,442,367.39
        6,214,671.00            4,395,503.88            2,282,562.00          12,296,996.00              168,200.00             6,630,000.00           133,347,855.70         2,265,778,881.16
                 -             (1,000,000.00)                    -            (4,000,000.00)             (70,700.00)           (5,330,000.00)          (10,400,700.00)         (210,249,190.69)



                 -             1,000,000.00                      -             4,000,000.00                     -              5,330,000.00             10,330,000.00            10,430,000.00
                 -                      -                        -                      -                       -                       -                         -             (10,430,000.00)
                 -                      -                        -                      -                       -                       -                         -                 100,000.00
                 -             1,000,000.00                      -             4,000,000.00                     -              5,330,000.00             10,330,000.00               100,000.00

                 -                      0.00                     -                      -                (70,700.00)                     -                 (70,700.00)         (210,149,190.69)
                 -                       -                       -                      -                 70,700.00                      -                  70,700.00           843,276,409.88
                 -                      0.00                     -                      -                       -                        -                      (0.00)          633,127,219.19




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