Fulton CFO previews FY26 revenue forecast: modest tax revenue gain offset by state adjustments and declining student counts

Fulton County Schools Chief Financial Officer Marvin Doreef presented the district’s preliminary FY26 general‑fund revenue forecast on March 11, emphasizing that the numbers are draft and subject to change as state legislative and fiscal actions conclude.

Doreef said the forecast assumes a 3% growth in the taxable digest and projects a 2.5% increase in tax revenue (about $21.6 million). At the same time, the presentation projected a net decrease in state Quality Basic Education (QBE) funding of roughly $8.6 million for FY26 driven by a projected decline in student FTE counts (the presentation cited an assumed FTE decrease of about 438) and an increase in the district’s local fair‑share offset estimated at about $21 million. Taken together, Doreef said the district’s total estimated revenues for FY26 are…