Morgan County Assistant Superintendent of Schools Jay Homan Monday told the Morgan County Board of Education that the system’s Full Time Equivalent (FTE) funding estimate with the state of Georgia has increased more than $2.2 million over last year’s estimate.
The FTE refers to data the state collects to determine funding for local school systems. Homan said the annual October FTE count for 2022 translated to an expected state funding of $13,839,125 from the Quality Basic Education Act (QBE) for Morgan County. The FTE estimate for October 2021, Homan said, was $11,569,121. Since 2017, Morgan County has increased its FTE estimate annually. In 2017 the FTE funding estimate was $8,902,391.
Human said this year’s increase was by far the largest he had experienced. “That’s a pretty sizable increase,” he said. “Typically our increase is around $600,000 to $700,000. This is the highest increase from one data point to the next that I have record of.”
Homan said Morgan County has increased its enrollment, which affects the FTE data, but he also said administrators and school employees have raised their effectiveness in submitting data.
“We continue to refine our process as our school teams work diligently to collect and verify the accuracy of the FTE, CPI and Student Class data for the school system,” Homan wrote in his report.