The recommended budget would increase capital operations and maintenance funding by $ 13.4 million for schools in Guilford County.
GUILFORD COUNTY, NC – Schools in Guilford County may soon get their biggest county funding in 20 years.
GCS would receive $ 226.1 million for its capital operations and maintenance needs.
The recommended budget would increase capital operations and maintenance funding by $ 13.4 million for the school system. However, he would remain timid of what the district had originally requested, a raise of $ 25 million for a total of $ 234 million.
The overall education budget is $ 244 million and includes both Guilford County Schools and Guilford Technical Community College.
The general fund budget for the county in total is $ 671.4 million, an increase of $ 36.7 million and an increase of almost 6% over the budget for the current year (2020- 2021).
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This does not affect the county property tax rate and the county would hire 20 new employees.
The $ 671.4 million budget is funded by the county’s real estate and auto property taxes. County sales tax, federal and state grants and programs, as well as user fees for services such as development plan review and EMS transportation. The balance of the fund (or savings) constitutes the remainder.
A public budget hearing will be held on the second floor of the Old County Courthouse in Greensboro on Thursday, June 3.
For more information on the budget, you can Click here.