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Carroll County finance report: fund-balance context and FY26 budget planning with possible 22 new positions
Summary
Chief finance staff reviewed December fund balance, SPLOST collections and FY26 planning assumptions including a proposed 1% raise, enrollment-driven positions (22), and a recommendation to reduce one-time expenditures by $3 million.
At the Feb. 10 work session Mr. Scott Coward presented the district’s financial picture, offering an explanation of fund-balance seasonality, SPLOST collections, and initial planning assumptions for the FY26 budget.
Coward told the board that general-fund revenues for the current month were about $27.5 million and expenditures were about $19 million; he said the district’s fund balance in December was approximately $54.8 million (a cyclical high driven by property-tax collections). Coward explained that fund balance typically drops…
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