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FY22 budget for Forsyth County Schools increases despite COVID-19


CUMMING, Ga. — A silver lining in the COVID-19 disruption is an increase in local tax revenues flowing into the Forsyth County School System as it deals with an increasing number of students and an ambitious construction program.
“We re going to end up this current year better off than we thought,” said Larry Hammel, chief financial officer for the district. “And we re planning for even a bigger increase in local revenue come next year.”
The fiscal year 2022 budget which began July 1 is right at $520.1 million, up 5 percent from last year. Revenues are also up nearly 8 percent from FY21.
Local tax revenue makes up about 52 percent of the budget. For FY22 local revenues rose more than $20 million from last year. ....

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Forsyth County Schools challenges stimulus funding formula


CUMMING, Ga. — Officials with Forsyth County Schools are questioning a formula for federal stimulus funds they say is lopsided and unfairly penalizes the district based on the makeup of its student population.
Georgia’s public schools have received nearly $6 billion in federal stimulus funds in the past year aimed at helping K-12 schools respond and recover from the COVID-19 pandemic. The school-based funding has been included in three separate stimulus bills approved by Congress over the past year.
The first two rounds under then-President Donald Trump were referred to as the Coronavirus Aid, Relief and Economic Security (CARES) Act; the second under President Joe Biden were included in the recently-approved American Rescue Plan. ....

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