DCBOE approves budget for new fiscal year

Published 3:49 pm Thursday, September 17, 2020

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The Dallas County Schools (DCS) Board of Education held its second and final budget hearing for the 2020-2021 Fiscal Year last Thursday evening preceding the district’s regularly scheduled board meeting, during which the aforementioned budget was approved.

The 2020-2021 Fiscal Year begins next month, Oct 1, and will conclude Sep 30, 2021.

According to the DCS Proposed Budget, drafted by DCS Chief School Financial Officer (CSFO) Sandra Purdie, the total beginning balance for DCS is $1,863,561.81 with $141,179 allocated for capital projects leaving $1,721,882.81 left for the general fund.

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The budget shows a projected end balance of $1,365,126.26

The budget shows $40,129,471.76 in revenues and $39,672,396.94 in expenditures for DCS.

Revenues for DCS are broken down into three categories: state, local and federal revenues.

State revenues for the district total $23,298,400.71, federal revenues total $10,481,372.66 and local revenues total $5,027,129.

The budget also cites $1,206,369.39 in revenues from other sources.

Expenditures for DCS are broken down into eight categories: instructional services, instructional support services, operation and maintenance, auxiliary services, general administrative services, capital outlay, debt service and other expenditures.

The budget shows $17,763,817.51 allocated for instructional services, $8,490,277.62 for instructional support services, $3,211,194 for operation and maintenance, $5,978,583.92 for auxiliary service, $1,500,742.63 toward general administrative services, $168,317 toward capital outlay, $1,058,274.16 toward debt service and $1,501,190.10 toward other expenditures.