1. 1 For Further Information Contact: James Wilson, Superintendent, 404-763-6890 Mike Russell, Associate Superintendent of Operations, 404-763-6841 BOARD WORKSHOP # 5 Tuesday, May 23, 2006 3:00 p.m. Administrative Center FULTON COUNTY BOARD OF EDUCATION SUPERINTENDENTS TENTATIVE BUDGET FY07 Budget Development Process

2. 2 FULTON COUNTY BOARD OF EDUCATION FYO7 TENTATIVE BUDGET General Fund Table of Contents Introduction - Budget Calendar3 Section 1. Tax Digest Information 5-14 Section 2. FY2007 Tentative Balanced Budget16-18

3. 3 FY2007 BUDGET CALENDAR The following schedule of activities will guide budget development in the Fulton County School System for the school year 2006-07. The public is welcome at all meetings. Activity Date Board Roundtable - Budget Work Session #55/23/2006 Administrative Center3:00 p.m. Approval to advertise Tentative Budget (Board Adoption)5/23/2006 Administrative Center Publish ad for Public Hearings #1 & #2 on Millage Rates (if required) – (submit ad 5/24/06 NLT 12 noon)5/25/2006 Publish and send press release on Millage Rates (if required)5/25/2006 Publish current digest and five-year history of tax digest5/25/2006 Publish ad for salary hearing5/25/2006 Publish ad for final budget adoption (submit 5/24/06)5/25/2006 Publish ad for Public Hearing #3 on Millage Rates5/31/2006 Public Hearing #1 on Millage Rates (if required)6/1/2006 Administrative Center10:00 a.m. Salary Schedule hearing6/1/2006 Dunwoody Springs Charter5:00 p.m. Public Hearing #2 on Millage Rates (if required) 6/1/2006 Dunwoody Springs Charter 6:00 p.m. Budget Workshop #6 - Board Work Session #6 6/1/2006 Dunwoody Springs Charter 7:00 p.m. (following public hearing on Millage Rates) - (if required) Public Hearing #3 on Millage Rates (if required)6/8/2006 Hamilton E. Holmes ES6:00 p.m. Board adopts Final Budget & Final Millage Rates6/8/2006 Hamilton E. Holmes ES6:30 p.m. (May require a called Board meeting depending on the County's Schedule) Deadline for Millage Rates to be delivered to Fulton County CommissionersJune 13, 2006

4. Section 1. Tax Digest Information

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12. 12 If The Fulton County Sales Ratio Was Equal To The Metro Atlanta Average, Additional Revenue Collected Would Be Between $6M- $12M.

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15. Section 2. FY2007 Tentative Balanced Budget

16. 16 Fulton County School System FY2007 Budget Development Items Not Yet funded In FY2007 Budget Amount Positions A Critical Items Based On Priority And Student Needs as Recommended and Approved by Board on Tuesday, April 25, 2006. Restore All IST Positions$2,600,70233.00 Partially Restore Social Worker Positions$617,0128.50 Partially Restore Psychologist Positions$768,88010.00 Partially Restore ESOL Sheltered Program$1,207,41219.00 Restore One Special Education Coordinator And One Support Positions$157,2802.00 Partially Restore At Risk Funds$2,000,000 Elementary Band / Orchestra / Instrumental Music Program$4,448,33970.00 Total A$11,799,626142.50 B Other Critical Items to be Presented to Board at May 2006 Budget Workshop Fund Local Prekindergarten Classes (2 Classes, Potential 3 State)$294,0005.00 Restore All System-Wide Testing Except 9th Grade PSAT$229,280 Restore Cluster Nurses (One Year Only, District-Wide Plan Must Be Developed For FY2008)$739,15611.00 Restore Child Development Center Funding @ McClarin/Independence (One Year Only, FY08 Grants)$140,974 Tranquility Special Education Program$50,000 Extended Learning Opportunities and Summer Program$600,000 Alarm Response Officers (1 North/1 South, From Overtime Savings, No Additional Costs)$02.00 Total B$2,053,41018.00 I. Total Additional Items (A + B)$13,853,036160.50 Potential Funding Sources Decrease New Initiative: Salary adjustment from salary study committee (38 employees impacted)$100,000 Decrease New Initiative: Salary Increase (Approx. 1.4% To All Employees: Est. Cost = $7,146,592)$3,253,408 Decrease New Initiative: Half Step adjustment for teachers with 0-3 years$400,000 Additional Property Tax Revenue Per Discussion With County Officials (5/11/06)$2,970,834 Additional Property Tax Revenue Per Preliminary Tax Digest From County Officials (5/23/06)$6,897,620 Additional State Revenue Per Individual Fulton Schools State QBE Allotment Sheet (04/28/2006)$231,174 Total Potential Funding Sources$13,853,0360.00 II. Total Additional Funding$13,853,0360.00 Difference (II - I)$0160.50

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