The Coffee County Budget & Finance Committee convened on April 24, 2025, to discuss the financial outlook for the upcoming school year, focusing on fund balances and potential budget increases. The meeting highlighted a projected addition of approximately $1 million to the fund balance, based on current revenue and expenditure estimates. This increase is significant as it reflects the district's financial health and ability to support future initiatives.

A key point of discussion was the proposed 4% salary increase for all staff members. The committee estimated that this increase would only impact the fund balance by around $200,000, indicating a careful approach to budgeting that aims to balance employee compensation with fiscal responsibility. The total assigned fund balance currently stands at $8.3 million, earmarked for maintenance, transportation, capital projects, and grants, while the unassigned fund balance is projected to reach $13.4 million by the end of the school year. This unassigned balance provides flexibility for unexpected expenses or additional raises.

The committee also addressed the after-school program's attendance and its financial implications. With attendance numbers being uncertain, the revenue generated from the program remains an estimate. The committee acknowledged that if attendance declines, costs would also decrease, allowing for adjustments to be made as necessary. The program will operate five days a week, with a new transportation plan in place to streamline costs by transporting middle school students to their home elementary schools for after-school activities.

Overall, the discussions during the meeting underscored the committee's commitment to maintaining a balanced budget while ensuring adequate funding for staff salaries and essential programs. As the school year progresses, the committee will continue to monitor financial conditions and make adjustments as needed to support the educational needs of the community.