Public Hearing Tonight for Franklin BOE FY22 Budget Proposal

Franklin County citizens will have an opportunity tonight to ask questions or comment on the Franklin County Board of Educations’ proposed FY2022 budget.

The first of two mandated public hearing takes place this evening at 5:30p at the Board of Education office on Busha Road in Carnesville.

On Monday, the Board received an overview of the proposed General Fund budget from Bonnie Knight who was hired to put together a tentative FY22 school budget based on the system’s strategic plan and last year’s millage rate of 17 mils.

Knight noted the proposed General Fund budget is expected to have revenues and expenditures of $37,091,563.

Most of the revenue will come from State-provided Quality Basic Education or QBE funds of just over $23.1 million.

Knight noted Franklin County’s equalization formula from the State has gone down from 70% in FY20 to 62% in FY22.

Other funding sources she said include $376,635 in Charter funds and $1.4 million in other local revenues and reimbursements.

Knight said the new budget is projecting just over $37-million in expenditures for FY22.

Included in that is $7.1 million in requests from all departments for the next fiscal year, most of which she said will come from SPLOST, CARES Act funding, and the General Fund.

The School Board is then expected to formally adopt the FY22 budget at their meeting on June 17th after a second public hearing.

A special session will then be held on June 24 to set the millage rate.

The Board will then formally vote to adopt the millage rate at their meeting on July 22nd.