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School budget shows $9.44M in revenue, $10.15M in proposed spending; projected shortfall
Summary
Staff presented the General Purpose School FY2027 proposal showing revenues and other sources of $9,441,900 and proposed expenditures of $10,152,700, yielding an estimated end fund balance of $298,803 on June 30, 2027.
County staff presented the General Purpose School proposed operations for FY2027. The transcript shows total revenues and other sources of $9,441,900 and proposed expenditures of $10,152,700, producing a projected deficit in the school fund and an estimated end fund balance of $298,803 on June 30, 2027.
The school funding presentation lists major state education funds such as TISA and specific line items including Tennessee Investment in Student Achievement and various state grants. Local revenue projections include current property tax of $610,000 for the school fund and local option sales taxes. The document includes line-by-line instructional and support service expenditures, with total instruction proposed at $3,968,250 and total support services at $4,351,150.
