Wednesday, May 12, 2010
© Copyright 2014
Gwinnett Daily Post
SUWANEE -- The Gwinnett County Board of Education will hold a public hearing tonight on the budget for the upcoming school year.
The hearing will begin at 7 p.m. in the board room of the Instructional Support Center, 437 Old Peachtree Road NW, Suwanee.
The school board tentatively adopted the $1.76 billion budget on April 20. The board is scheduled to vote on the adoption of the budget during its regular monthly meeting April 20, following a second public hearing.
Because of a decline in state and local revenue, the proposed budget is about $250,000 less than the current budget.
Several cost-saving measures, including three furlough days for most employees, will be implemented to save money in the general fund, which is the largest fund in the school system's budget. It pays for the district's day-to-day expenses, including instructional costs. The general fund will decrease by 4.1 percent to about $1.23 billion.
In June, the school board is scheduled to set the millage rate to support the budget. School system officials have suggested the millage rate remain at 20.55 mills for the sixth consecutive year.