FORT VALLEY -- The Peach County Board of Education gave its stamp of approval Thursday to a $38 million budget.
The final budget for fiscal 2014, which is balanced, did not change from the tentative plan the board passed in early June. Like the current years budget, it includes 10 fewer work days for teachers. It also includes a decrease in state and federal funds. Meanwhile, local revenue is budgeted to remain stable at about $10.7 million.
Teachers typically work 190 days, but 180 days are budgeted -- a reduction in pay that has been enforced for the past couple of years. No additional furlough days are planned, officials said.
Additionally, officials expect an estimated $125,000 decrease in Quality Basic Education funding -- the basic funding formula for state public schools. Total QBE formula earnings are budgeted at about $14.8 million, with total state revenues, including grants, at about $16.4 million.
Also, it is the last year for the federal School Improvement Grant for Peach County High School, which gave about $5.5 million to the school over three years, officials said.
Other federal program revenues are projected to be about $3.3 million with the school nutrition program bringing in $2.6 million. The total general fund revenues are $27.1 million. Board members approved the budget after going into an executive session, which lasted more than two hours, to discuss personnel matters.
To contact writer Jenna Mink, call 256-9751.