[Correction – this post was accidently posted twice and the vote total was incorrect in one of the versions. The post below was the second – and correct version. I am not sure how it happened – sorry for any confusion.]
The Atlanta Public School’s Board of Education passed the FY15 Budget which calls for $633 million in revenues and $658 million in spending and relies on the use of $25 million in General Fund reserves. The vote was 6-3 with Board members Nancy Meister, Jason Esteves and Steven Lee dissenting.
The adopted budget, excluding the $49 million pension liability [payments], spends $12,183 per traditional school student versus $11,410 during the current year – a $773 or 6.8% increase.
The Board anticipates that it will work closely with the new superintendent to develop a revised budget in the near future.
The adopted budget includes the following increases in expenditures as compared to the FY14 Amended Budget:
- $12.2 million for salary increases for teachers and other staff and the elimination of any furlough days and $2.8 million for related employee benefits
- $3.4 million in lower expenditures for classroom instruction
- $1.6 million for fine arts
- $4.3 million for the Exceptional Children’s Program
- $1.3 million for physical education programs
- $1.2 million for remedial education programs
- $4.0 million to fund Student Support Teams to address at risk children
- $2.2 million for in-school administration functions
- $1.5 million for additional central office school administration spending
- $2.4 million for transportation services and an additional $0.6 million for other operations and facilities departments
- $5.5 million for Information Technology infrastructure, which includes $825 thousand for the development of the Atlanta Virtual School
- $26.0 million increase in funding for charter schools (as mandated under law) due to higher revenues and increased charter school enrollment
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