Greene County BOE to vote on rollback millage rate and FY23 budget
August 11, 2022
Greensboro, Ga. – The Greene County Board of Education will meet on Thursday, August 18th at 6:00 p.m. to approve the school system’s FY 2023 budget and millage rate.
The BOE is pleased to announce that a 2022 “rollback” millage rate of 11.648, down from 12.454 in 2021 has been proposed, a reduction of 0.806. When the total digest of taxable property is prepared, Georgia law requires that a rollback millage rate must be computed that will produce the same total revenue on the current year's new digest that last year's millage rate would have produced had no reassessments occurred. This process prevents indirect tax increases resulting from increases to existing property values in a county due to inflation.
The net increase in property tax revenue using the rollback rate on the current tax digest is $2 million. The state funding earnings increased by $490,000; however, the county’s local “fair share” increased by $527,000, which reduces our funding by $37,000. We have increased our budget by $250,000 for title taxes, based on recent collections. We have budgeted $63,000 less in other revenues mainly related to Forest Land Protection Act funding, due to decrease in funds from the state.
Expenditures have increased due to a state-mandated raise of $2,000 for certified staff and $1,000 for classified staff, as well as staff advancement on the state salary schedule and change in certificate levels. Additionally, we are seeing an increase in in fuel, electricity, supplies and equipment across the board.
There was also an increase in the rate for Teacher’s Retirement Benefits from 19.81% to 19.98%. The funding the district receives from the state includes funding for the mandated changes, but it does not absorb all of the increase. Our local funding has to compensate for the additional costs.
To offset these rising costs in the area off personnel, the district eliminated some positions, and other positions were filled with entry-level teachers that are less expensive than veteran teachers that had retired. Other positions were allocated to federal grants.
The district’s allocation to Lake Oconee Academy increased due to the cost per student increase from $12,240 to $13,227, and the enrollment cap from 1,013 to 1,032 students for 2021-2022. The state-allocated funding also included a local charter supplement that will be paid directly to the charter school.
In other district highlights, recent test scores show significant progress toward closing the 2021 Covid learning gap, with elementary students at GCPS scoring even higher than prior to the pandemic. The school system welcomed 42 new staff members for the 2022-2023 school year, including a new assistant principal at Greene County High School. In staff accomplishments, GCHS Career and Technical Instruction Coordinator Didi Davis was named Outstanding New CTI coordinator of the year by Georgia CTI, and Dr. Russell Brock was sworn in as president of the Georgia Association of Middle School Principals for FY2023. Exemplifying our school system motto, both students and staff at Greene County Schools continue to “Start Here, and Go Far.”