Schools to Get Slightly More Local Funds due to Growth in new Budget, but to Receive One Cent Less from the Property Tax Rate
Teachers and other certified personnel and support staff are budgeted a small pay raise under the proposed 2010-11 tentative general purpose spending plan for schools, which is expected to be acted on by the DeKalb County Commission on August 10th.
The proposed $18 million budget has already been recommended for approval by the county's budget committee but it appears the property tax rate for schools will also be trimmed by one cent from 49 cents to 48 cents per $100 of assessed value. County Mayor Mike Foster says the one cent reduction will not adversely affect the school system. In fact, he says since one cent of the tax rate generates more money than last year due to growth, schools will be getting $59, 956 more in local funds this year than last year exceeding the school board's request for $33,000 in additional local monies in the new budget.Read the rest of this article