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Board approves FY26 general fund budget; finance report flags revenue shortfalls and capital transfer
Summary
The school board gave final approval to the FY26 general fund budget on June 2, 2025. The districtfinance presenter reported May revenue and expenditure details, including a $1.4 million transfer to the capital fund and concerns about local tax and formula aid collections.
The Oconee County School Board approved the FY26 general fund budget on third and final reading Monday, June 2, 2025, with a recorded vote of 5-0.
Board members voted to adopt the budget after hearing the district's monthly financial report for May. Jay Schickling, who presented the report, said the district is "getting to the point in the year now where the variance column on the far right, is actually something to monitor or has some impact." He noted both revenue and expenditure items that will affect year-end balances.
The budget matters because it sets the district's planned spending levels and transfers for the coming fiscal year, including capital projects. Schickling pointed to a transfer to the capital fund as the single largest line-item…
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