Sunday, July 30, 2023

Revised Oconee County Schools Budget Designed To Maintain $34.8 Million Budget Surplus

***Millage Rate Not Yet Approved By Board But Included In Mailer***

The Oconee County Board of Education and school administrators received a report on the size of the county’s tax digest in late June or early July, and they revised the Fiscal Year 2024 Budget for Oconee County Schools sometime after that date.

The new budget shows a reduction of the millage rate to 15.0 from the 15.5 in the budget the Board passed on June 5.

Because of the exceptional growth in the tax digest, however, the 15.0 mills produces $2.1 million more in revenue from local property taxes than the original budget the Board approved.