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Oconee County board adopts FY2027 budget, cites improved revenue and full millage rollback
Summary
The Oconee County Board of Education unanimously approved the district's final FY2027 general and federal budgets, citing updated state funding and higher-than-expected local tax digest numbers that together boost projected revenues to about $123.7 million and allow a full millage rollback (13.836 mills).
The Oconee County Board of Education voted unanimously to adopt the district's final FY2027 general fund and federal fund budgets, board documents and reports presented June 15 show.
Business Services director Mr. Adams told the board the district’s revised revenue forecast includes an approximately $1.95 million net positive local adjustment and added state funds tied in part to literacy coach funding. That, combined with other adjustments, raised projected FY2027 revenues to about $123.7 million versus projected expenditures of about $122.5 million, Mr. Adams said. “This will improve the district’s financial position, reducing the need to rely on reserves to support operations,” he told the board.
Mr. Adams also said updated property tax digest figures and a modest adjustment in the local fair share produced the recommended full rollback millage rate of 13.836 mills for the FY2027 budget. He described the process for finalizing the rollback with the tax commissioner and the chief appraiser, and confirmed the board will formally adopt the millage at the August meeting if recommended steps proceed.
The board approved the final general fund budget and a separate federal funds budget (total anticipated federal revenues and expenditures of $6.3 million) by voice vote; minutes record each motion as passing 5-0. The superintendent earlier encouraged public participation in a joint July 6 meeting with the board of commissioners to discuss a proposed property transfer that district leaders said could benefit school programs and community events.
The administration’s packet shows salary and benefits are estimated at roughly $109.7 million and that operations are budgeted near $12.8 million. Mr. Adams said those figures reflect routine structural spending and that the FY27 projections include contingencies for known pressures such as a projected increase in utility costs.
Next steps: the board adopted the budgets as presented; the final millage adoption is scheduled for the August 15 board meeting.
