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Fulton County Schools warns of shrinking fund balance; finance chief outlines $93M–$95M GLIDE plan
Summary
Fulton County Schools CFO Marvin Doreef told the board the district faces rising costs and declining revenue, projecting fund-balance stress by the end of the decade and unveiling a GLIDE strategy aiming to generate $93–$95 million between FY2027–2030 to close projected gaps.
Marvin Doreef, Fulton County Schools’ chief financial officer, told the school board on June 18 that rising costs and falling state revenue threaten the district’s fund balance and that staff have launched a multi-year strategy to address a projected budget gap.
"It does not show what will happen, but what might happen if we don't act," Doreef said as he presented the district’s long-term forecast and the GLIDE plan, an acronym staff described as growth, lean operations, invest in innovation, diversify revenue and enhance efficiency.
The presentation flagged several cost…
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