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Georgia Education Budget Primer: Funding, Teacher Pay, and Tax Credits

Learn about Georgia's K-12 education budget of $9.9 billion for FY2019, including the fully-funded QBE and the equalization amount. Explore the considerations for teacher pay raises and the impact of tax-credit vouchers. Discover additional resources on fair school funding and the effect of state and local tax deduction changes.

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Georgia Education Budget Primer: Funding, Teacher Pay, and Tax Credits

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  1. Georgia Education Budget Primer Stephen J. Owens, Ph.D. Georgia Budget & Policy Institute

  2. K-12 EDUCATION BUDGETED $9.9 BILLION FOR FY2019

  3. Fully-funded QBE

  4. Funding increase

  5. Shifting goalposts

  6. Equalization Amount of Additional Money Each School District Would Receive Per Student if State Restored Equalization to 75th Percentile

  7. School-level expenditures HB 139 • Cost of all materials, equipment, and other non-staff support • Salary and benefit expenditures for all staff • Annual cost of all professional development, including training, materials, and tuition provided for instructional staff • Total cost of facility maintenance and small capital projects • Spending for new construction or major renovation, based on the school system facility plan

  8. Teacher pay raises

  9. Pay raise considerations • Local Control • Incremental Steps • Impact on Pre-K Teaching Profession • How to Pay for it

  10. Tax-credit vouchers • Qualified Education Expense Tax Credit • Dollar for dollar tax credit • Student Scholarship Organizations as pass-though • Average scholarship: $3,777 • More unknowns than knowns • Impact of SALT changes

  11. GBPI on the issues • Beyond Basic Education: Five Ways for Georgia to Fund Schools Fairly (available online) • Teacher Raise Fact Sheet (provided) • State and Local Tax Deduction Changes Effect on Qualified Education Expense Tax Credit (forthcoming)

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