Forsyth County Schools operates on a fiscal year basis as prescribed by the State of Georgia. The fiscal year starts July 1 and ends on June 30. The State requires that every school system have a balanced budget, approved by the local Board of Education, in place before the start of the fiscal year. There are many factors that go into putting together the budget for FCS. Some of the ones discussed in detail are population increases (student and county wide), revenues, class size, state funded positions - vs - locally funded positions and tax base which will determine the millage rate.
With a three-year loss of significant state and local revenue, combined with adding 5,200 new students and six new schools over this time period, FCS increased the millage rates in 2011 for the first time in a three-year period. Even with this increase, FCS maintains the lowest millage rate in metro-Atlanta with one of the lowest per-pupil cost expenditures.
Monthly Financial Reports Go to Meetings 2. Select a date for a Regular Board Meeting 3. In the left navigation menu, click Presentation and Discussion Items. This includes financial statement, year-to-date budget, check listing, sales tax collects and bond information.