Saturday May 4th, 2024 10:40PM

Gainesville School Board approves FY 2024 budget and millage rates

By Logan Landers Anchor/Reporter

The Gainesville City School Board Tuesday approved its Fiscal Year 2024 budget. 

The budget will feature $95,580,697 in revenues and $95,960,480 in expenditures. 

The millage rate will remain unchanged from last year at a rate of 6.195 which is down 6.6 points from six years ago.

"If we get a chance to ever roll back the millage rate some we will," said Gainesville Superintendent Jeremy Williams.

A minimum five percent increase will be given out to all classified salary scales with the total expenditure coming out to $500,000 dollars.

The Board will have to dip into about $300,000 dollars in reserve to help balance out the budget.

Additionally, 25 positions will be added for growth and in supplemental areas. 

For a complete breakdown of the budget, you can visit this website.

  • Associated Categories: Homepage, Local/State News
  • Associated Tags: Gainesville City School Board, Jeremy Williams, Millage Rates, Fiscal Year 2024 Budget
© Copyright 2024 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.