Franklin County School Board Approves $92,105,930 Budget for 2019-2020
ROCKY MOUNT – At their March monthly meeting, the Franklin County School Board approved a proposed budget totaling $92,105,930. This represents a 4.03% or $3,521,776 increase over the 2018-2019 budget.
The proposed budget will now go before the Franklin County Board of Supervisors on Tuesday, March 19th for approval and inclusion into their 2019-2020 budget.
The proposal includes $87,151,527 for the School Operating Fund, $3,734,403 for the School Nutrition Program Fund, and $1,220,000 for the School Capital Fund consisting of $880,000 for building maintenance and $340,000 for school bus replacements.
The proposed revenue budget for 2019-2020 – County Funds for Education:
|County Fund Total for 2018-2019||$33,693,264|
|Additional County Funds for Operations||$3,871,990|
|Additional County Funds for Canneries||$0|
|Debt Services Reduction for 2019-2020||($36,941)|
|County Capital Funds – Includes Supplemental Appropriation of $340,000 for purchase of school buses||$1,220,000|
|County Funds – Total Requested for 2019-2020||$38,784,313|
“The 2018-2019 school year saw a steep decline in enrollment with a forecast of 6,682, a reduction of 160 students, or 2.4%, “wrote Dr. Mark Church, Franklin County Superintendent of Schools, in his introduction to the proposed budget.
Dr. Church continued, “All of Franklin County Public Schools’ are all fully accredited. Boones Mill Elementary School and Burnt Chimney Elementary School are Title I Distinguished Schools. A total of $3.8 million in scholarships were awarded to FCHS Seniors in 2014-2015.”