Michael Thurmond has finally produced a proposed budget for FY 2014. The original due date according to the Tentative Budget Development Process Calendar FY 2013-2014 was March 13. Thurmond was given an extension to the April 6 Board meeting. However, at that meeting he requested another day to flush out some ‘found’ money and adjust the budget accordingly.
So, where did Thurmond find an extra millions?
The Executive Summary of the budget tells us the following:
$ 97,000.00 Title IIA
Reimbursement for indirect costs for management of the Title IIA grant
$ 500,000.00 School Nutrition Reimbursements
Reimbursement for indirect costs for management of the School Nutrition Program
$ 5,800,000.00 After School Extended Day Program
Current surplus funds reserved for future allocation
$ 500,000.00 Title I Substitutes
Reimbursement for substitute cost for teachers paid through Title I funds
$ 6,897,000.00 Total revised anticipated revenue as of 5/7/13
Download the entire proposed 2014 budget from our files here>> DEKALB COUNTY SCHOOL DISTRICT FY2014 BUDGET PROPOSAL
To download the budget in Excel format, click the link to Stan Jester’s Fact Checker site below.
The school board is meeting tonight at 6 pm and Thurmond will present the budget. Thurmond mentioned at the Monday night meeting that Mark Elgart of SACS would be in attendance. Tune in to Comcast 24 or stream the meeting online at http://www.dekalb.k12.ga.us/pds-tv24
In addition, late-breaking news related to this new budget is that our CFO, Michael Perrone has resigned. This is very distressing as it could indicate that these ‘found’ piles of money were either overlooked by Perrone and found by Thurmond – or they are not ‘real’ and Perrone just had to resign rather than put his credentials on the line.
Read more here>> Perrone resigns as DeKalb Schools CFO