Our network

Business

Fulton guest principals to share their experiences

Fulton guest principals to share their experiences

ATLANTA -- What's it like to be a principal in Fulton County?

More than 60 residents got the opportunity to learn the answer to this question when they were selected to be "Principal for a Day" at schools throughout the district. They will reflect upon their experiences during a recap session at 3 p.m. Friday, Nov. 18 at the school system's Administrative Center near East Point.

Now in its fourth year, the Principal for a Day program allows local business leaders to step into the role of school administrator and discover the challenges and rewards such a job presents. A list of participants can be found on the Fulton schools website.

State tax credit program raises $50M for scholarships

State tax credit program raises $50M for scholarships

ATLANTA -- The Georgia Department of Revenue stamped its approval on $50 million in donations under the Georgia Scholarship Tax Credit Program.

The program lets people and businesses get tax credit for donations to scholarships for Georgia children to attend private schools.

Fifty million dollars is the most allowed under the program. In 2012, the statewide cap on donations will increase by the annual increase in the Consumer Price Index until 2018.

Individuals can donate up to $1,000, while married couples have a donation cap of $2,500. Corporations can donate up to 75 percent of their state income tax liability.

The American Federation for Children estimated more than 6,000 students last year got scholarships to attend private schools through the program.

Bake sale raises $1,500 for STAR House

Bake sale raises $1,500 for STAR House

ROSWELL, Ga. -- North Fulton Hospital's fall 2011 bake sale raised $1,500 for a Roswell children's charity.

Debbie Keel, CEO of NFH, presented the big donation to Michelle Newton, executive director of STAR House Foundation, on Monday.

STAR House supports at-risk children in North Fulton by providing tutoring, school supplies, leadership activities and recreational programs in a friendly after-school environment.

NFH is pleased to continue supporting this worthwhile cause by fundraising and volunteering at local elementary schools.

Best out-of-the-ordinary Halloween events around Atlanta you don't want to miss

Best out-of-the-ordinary Halloween events around Atlanta you don't want to miss

Fernbank BOO-seum Trick-or-Treat

Saturday, October 29 from 10 a.m. – 2 p.m. Get ready to have a screaming (in delight) good time! For one day only, Fernbank Museum is becoming Fernbank BOO-seum. Little Beat Music, Inc. will provide family-friendly tunes and face painting will inspire those who didn’t quite finish their costumes. Plus, enjoy a frightening-ly fun Halloween party featuring games, crafts, hands-on activities and special treats for kids in costumes.* (*Treats available while supplies last.)

Owen Malcolm Named President of Sanders Financial Management

Owen Malcolm Named President of Sanders Financial Management

Founder Emily Sanders Continues as Chairman, CEO and Chief Investment Officer

 

Sanders Financial Management, an Atlanta-based financial advisory and investment management firm, today announced the promotion of Owen Malcolm, CFP, to President of the firm.  The firm’s founder, Emily Sanders, will continue as Chief Executive Officer and Chief Investment Officer and adds Chairman of the Board to her titles.

 

The changes were made at the firm’s October 16, 2011 Board of Directors meeting.  Malcolm brings 11 years of experience with the company to his new position.  He has managed the day-to-day activities of the firm for several years and will continue to do so in his new role.

 

$10 million in low interest student loans up for grabs

$10 million in low interest student loans up for grabs

ATLANTA -- State officials have re-opened the pool for $10 million in low interest student loans. 

Lawmakers had set aside $20 million to help families after an overhaul of the lottery-funded HOPE scholarship took effect this summer.

Only about 5,200 students applied for the loans during the initial application period, which ended in July.

The Georgia Student Finance Authority has now re-opened the application process for the remaining $10 million in available loans.

Students have until Oct. 31 to apply for the Student Access Loan Program. 

For applications and details, visit GAcollege411's website.

Georgia Lottery sales falling short

ATLANTA -- Turns out the budget for education expenses was richer than reality.

The Governor's Office says lottery revenues continue to fall short of expected revenue despite that fact that ticket sales are up in the first quarter of this year.

"We budgeted more revenue than we are now expecting to receive," said Governor Nathan Deal's spokesman, Brian Robinson. "We budgeted $903 million in the fiscal year 2012 budget. Fiscal year 2011 lottery deposits to education were $846 million."

11Alive started digging into lottery revenue because of cuts to the Pre-K program. $54 million was cut to make up for falling lottery tickets sales in fiscal year 2011, which ended in June. That caused an exodus of experienced educators from the program.

So how did we get here?

Things started going in the wrong direction in the fiscal year of 2011: Total revenue: $3,597,222,000, down $48,175,000 from the year before, or 1 percent.