Marietta schools budget to include salary increases

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Marietta schools budget to include salary increases

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Marietta Board of Education members gave their tentative approval of the Fiscal Year 2018 budget that goes into effect July 1 to June 30. The budget totals $98,357,972 with a reduction in the fund balance by $3,669,910 from $15,875,000 to $12,205,090.

Marietta Board of Education members gave their tentative, unanimous approval on Tuesday of the Fiscal Year 2018 budget that goes into effect July 1 to June 30.

Two public hearings are scheduled for 5:30 p.m. June 13 and 6:30 p.m. June 20 at the Marietta Board of Education Central Office Boardroom, 250 Howard St., Marietta.

The budget totals $98,357,972 with a reduction in the fund balance by $3,669,910 from $15,875,000 to $12,205,090.

Proposed changes include:

  • Salary increase of $1,680,701 for an average increase of 2.5 percent for all employees.
  • Employee benefit increase of $1,291,446 with a mid-year increase in employer contributions for noncertified participants by $100 per member per month for the State Health Benefit Plan and an increase in employer contributions from 14.27 percent to 16.81 percent for all eligible employees for the Teachers Retirement Plan.
  • Increase in teacher and school support staffing of $782,723 with an increase in staffing for instructional programs and campus monitors for teaching and support staff.
  • Increase in International Baccalaureate (IB) Programme Budget of $51,511 with an increase in testing fees for an additional 60 students in the IB programme at Marietta High School.

Budget: boarddocs.com/ga/mcs/Board.nsf/files/AMEPQZ5F4A21/$file/General Fund FY2018 Budget Presentation 5-16-17.pdf.

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