FY2O24 BUDGET: Student-Centered, Equity-Focused, and Future-Driven

  • Focusing on Access and Opportunity for All Students, Early Literacy, School-BasedGCPS logo Resources, and Compensation

    Each year, Gwinnett County Public Schools (GCPS) develops and adopts a budget for the next fiscal year beginning on July 1. The proposed FY2024 Budget supports GCPS’ strategic direction to transform public education so that it is truly student-centered, equity- focused, and future-driven. The alignment of budgetary investments with our strategic plan—Our Blueprint for the Future—ensures that each and every student is ready for success after graduation.

    The FY2024 Superintendent’s Recommended Budget:

    The Recommended Budget calls for $3.0 billion in the six funds that comprise the Total Budget. The proposed General Fund, which represents 77% of the Total Budget and funds the primary day-to-day operations of the school district, accounts for $2.3 billion of the total. This represents a 3.1% increase in the General Fund that can be attributed to improvements in the areas of expanded access and opportunity for students, early literacy, safety and security, school-based resources, and compensation.

    FY2024 Improvements:

    In the area of improvements, the proposed FY2024 budget includes investments to expand access and opportunity for all students, accelerate early literacy, prioritize school-based resources, and increase compensation. These improvements include:


    • A salary step increase for all eligible employees;
    • A $3,000 increase for all employees paid on the teacher salary schedule;
    • A minimum 4.0% cost-of-living increase for all employees not paid on the teacher schedule, with larger percentage increases in lower-compensated positions to achieve a minimum starting salary $15 per hour; and
    • Funding the rate increase for the employer-paid portion of the state health benefits plan for all general fund employees, esti- mated at $102.1 million.

    Access and Opportunity for All Students:

    • Funding to support GHSA-approved athletic programs and extracurricular activities in the middle and high schools;
    • Increased funding for expansion of extracurricular program support;
    • Funding for program initiatives and personnel centered around whole learner support;
    • Increased funding for support of Health and PE, Fine Arts, and College and Career Programs;
    • Funding for programs that support GCPS educators seeking advancement of university degree opportunities; and

    Funding for summer enrichment programs to address learning loss.

    Early Literacy:

    • Funding of general education Pre-K at eight schools, with 16 classrooms supporting 256 students;
    • Funding for adoption of science of reading at 20–25 elementary schools; and
    • Professional development for all K-5 teachers to build under- standing of science of reading and structured literacy components.

    School-Based Resources:

    • The addition of 194 instructional and support positions required to accommodate the projected growth of 2,064 students and our continued work to lower class sizes;
    • An additional 63 special education teachers, an additional 22 special education Pre-K teachers, and 38 Pre-K paraprofessionals;
    • Funding for additional nurses;
    • Funding for teachers to purchase classroom supplies; and
    • Addition of one new middle school in the Archer cluster and the build-out of the GIVE Center West.

    Safety and Security:

    • Funding for staff, and systems such as safety alert systems, security vestibules and fencing;
    • Funding for safety equipment for all custodial staff, and enhanced maintenance and operational support; and
    • Funding for services that support enterprise disaster recovery and audio-visual systems.

    Revenue Sources for FY2024:

    GCPS will receive a net increase of $175.5 million in state funding over the previous year due to the following:

    • $32.7 million for a $2,000 salary increase allotted through the State Teacher Salary Schedule;
    • $17.3 million for projected student growth;
    • $4.5 million for the state-funded portion of teacher salary step increases (compensation for training and experience) and the additional certificated employees who will be enrolled in state health insurance plans;
    • $88.2 million in additional state funding to fund the state share of employer increases on certified educators who participate in SHBP.
    • GCPS will receive $88.7 million in Equalization Grant funding, an increase of $54.1 million from the previous year; and
    • Offsetting state funding will be the school district’s “Local Five- Mill Share,” a required cost of participating in the state’s Quality Basic Education (QBE) funding formula. For FY2024, GCPS’ five-mill share will be $224.3 million, compared to $203 million this year. That is an increase of $21.3 million.

    In terms of local funding, the property tax digest is expected to grow by 6.0%, resulting in an increase of $53.6 million in local property tax revenue. The proposed budget does not recommend an increase in the property tax millage rate.

    Please click the following links for downloadable versions of this content: