Pickens County board approves FY26 budget amendment after CFO reports revenue shift
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Summary
The board approved a FY26 budget amendment that adjusts revenue downward by $1,348,000 to align property tax estimates with the digest and reallocates newly arrived federal Title I funds to schools pending DOE verification.
The Pickens County Board of Education approved a FY26 budget amendment on Thursday after Chief Financial Officer Amy Smith presented month-to-date revenues, expenditures and a recommended set of reclassifications.
“In our general fund, our revenue collected through month October was 12.64% of our budgeted revenue,” Amy Smith told the board, noting timing differences in state QBE funding that depress early-year revenue percentages. Smith said the amendment includes a reduction in property tax revenue of $1,348,000 to reconcile the district’s millage calculation with the digest and to reflect recent changes tied to House Bill 581.
Smith also detailed reclassifications: moving about $130,000 from maintenance and operations into a separately tracked school safety and security line and shifting $100,000 within SPLOST accounting into the school safety category. She confirmed federal Title I funds had arrived and urged the board to approve the amendment so the district could push those funds out to schools after Georgia Department of Education verification.
Smith reported other month figures: capital outlay revenue for October of $776,912.44, a $2,526.72 refund transfer for furniture, $700.26 in interest, monthly expenditures of $726,368.90 and a month-end fund balance reported as $8,573,616.33.
After the presentation the board moved, seconded and approved the FY26 budget amendment. The amendment authorizes the revenue and reclassification changes described by staff and directs accounting adjustments once federal approvals are complete.
The board did not record an extended discussion or roll-call vote in the transcript; the motion was approved by voice vote during the meeting’s action items.
