Public Budget Analysis: Cobb County, Georgia

Paper Summary:

The paper looks at the financial situation of the Cobb County School District which has been described as one of the three largest school systems in Georgia and the thirty-fifth largest in the United States. The writer discusses ways in which the district has dealt with the growth of the student body and how the county has managed to re-allocate funds in order to keep up with the growth.

From the Paper:

"Funds for the operation of the Cobb County School District come from a variety of sources. Local sources, including property taxes, real estate transfers, alcoholic beverage taxes, and miscellaneous fees accounted for $227,631,627 in 1998-1999 and is expected to increase to $250,856,553 in 1999-2000. This represents a monetary increase of $23,224,926 or 10.2 percent. State funds are obtained from the Quality Basic Education Funding from the State of Georgia. In 1998-1999, this funding provided $297,655,312. The amount was reduced to $289,037,487 for 1999-2000. This represents a reduction of $8,617,825 or 2.9 percent. Federal funding is obtained from ROTC Instructor Salary Reimbursements, Impact Aide, other federal programs and indirect charges. In 1998-1999, this amount totaled $491,500 and increased to $498,500 in 1999-2000. This increase of $8,000 represents a 1.6 percent increase (p. 12)."

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