The Hall County Board of Education adopted the FY2026 budget and millage rate on Monday.
The HCBOE previously announced its intention to adopt a millage rate of 14.99 mills, which is 0.33 mills below the rollback rate of 15.032 mills, a tax decrease.
The beginning balance projection for the budget stands at $94 million to $95 million. During the budget hearing, the district highlighted that due to HB581 and local acts, exemptions within the digest grew from $2.6 billion to $3.5 billion.
Total expenditures for the district are also projected to increase by 2.78%. The system cited increased costs of Health Insurance Premiums, employer portions of the Teacher Retirement System, step raises for team members, additional staff, and general/custodial insurance increases for an estimated additional $14.095 million in expenditures for the 2026 fiscal year. The districts’ contributions to these expenditures are decided by the state and cannot be changed by the HCBOE.
The school district said it anticipates utilizing roughly $6 million of reserve funds.
