Financial Overview

  • The Richmond County School System follows a fiscal year schedule set by the state of Georgia, beginning July 1 and ending June 30.

     

    State law requires all public school systems to adopt a balanced budget, approved by the local Board of Education, before the start of each fiscal year.

     

    Several factors are considered when developing the RCSS budget, including changes in student enrollment and county population, projected revenues, class sizes, the number of state- vs. locally funded positions, and the county’s tax base, which influences the millage rate.

  • Our school system receives funding from three main sources:

     

    • Local Revenue: Generated from property taxes (millage rate), which help fund our facilities, staff, and classroom resources.

    • State Funding: Determined by the Quality Basic Education (QBE) formula and adjusted based on local tax digest values and student needs (FTE).

    • Federal Grants: Support specific programs such as Title I and IDEA.

How Is Our School System Funded?

2025-2026 Proposed Budget

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2026 Proposed Budget Hearing Dates

  • The Richmond County Board of Education (RCBOE) will conduct several public hearings regarding the proposed fiscal year 2026 budget. All sessions will be held in the Central Office Board Room Auditorium, located at 864 Broad St., Augusta, GA 30901. 

     

    These meetings are open to the public and will be livestreamed at rcboe.info/rcsslivestream

     

    Proposed Budget Meeting Dates: 

     

    • May 27, 2025, at 5:00 p.m.: 1st Public Hearing on Budget 
    • June 10, 2025, at 6:00 p.m.: 2nd Public Hearing on Budget 
    • June 10, 2025, following the 2nd Public Hearing on Budget: Called Board Meeting – Adoption of the FY26 Tentative Budget 
    • June 24, 2025, during the regular board meeting following the Committee meeting at 4:00 p.m.: Adoption of the Final Budget