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AC budget process under way

Posted at 11:16 am May 4, 2015
By Oak Ridge Today Staff Leave a Comment

Information from WYSH Radio

As the budget process begins in earnest for the new fiscal year that begins on July 1, the Anderson County school system is seeking money to pay for employee raises, upgrades to school facilities, and to start a fund to pay for computer devices for each student beginning in the upcoming academic year.

The budget proposal recently approved by the Anderson County Board of Education is currently about $3.1 million out of balance, and in order to fully fund requests, it would require the equivalent of a 45-cent increase in the property tax rate.  Included in the request to the County Commission is roughly $2 million to fund 4 percent pay raises for all employees; $871,852 for capital projects like roof repairs and unfunded mandates from the state dealing with physical education and sports facilities; and $221,484 for textbooks.

The most ambitious request, though, is the creation of a reserve fund through the county government to set aside money to pay for computer devices for students similar to the reserve fund that has been set aside for industrial development. [Read more…]

Filed Under: Anderson County, Education, Front Page News, Government, K-12, Meetings and Events Tagged With: Anderson County, Anderson County Board of Education, Anderson County Courthouse, budget, budget deliberations, capital projects, computer devices, employees raises, general fund budget, online state testing, pay raises, property tax hike, property tax rate, reserve fund, school system, tax increase

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