The Atlanta Journal-Constitution reports that early estimates are that expenses next school year would total approximately $655 million, which is about $45 million more than the $610 million that is projected for general fund revenue.
The revenue estimate is approximately $15 million more than for the current school year. The Board of Education is hoping to approve a balanced budget for the next school year in April.
The Budget Commission consists of board members Matt Westmoreland, Byron Amos, Jason Esteves and Nancy Meister. Its stated mission is to balance the FY15 budget with no need for furlough days and with a “significant” pay raise for all employees.
APS is funded by a combination of property tax revenues and state funding for education.