Petersburg School Board Reviews Fiscal Year 25 Budget and Federal Funding Challenges

In the Petersburg City Public Schools' regular board meeting held on July 16, 2025, a blend of financial scrutiny and strategic planning took center stage, reflecting the district's commitment to transparency and fiscal responsibility. The evening began with a discussion on the costs associated with Freedom of Information Act (FOIA) requests, highlighting the district's ongoing efforts to manage these requests efficiently. Board members expressed concerns over the expenses incurred from these requests, particularly in relation to a specific program that had recently ceased operations.

As the meeting progressed, Chief Financial Officer Dr. Mathias Greenwood presented a comprehensive financial update, detailing the district's budget performance as of June 30, 2025. The fiscal year saw a total revenue budget of approximately $15.76 million, with significant contributions from general fund transfers and nutrition funding. Greenwood noted that while the district had exceeded its budget slightly, it maintained a healthy surplus in operations and maintenance, showcasing effective financial stewardship.

The board also examined expenditures related to federal Head Start programs, which totaled around $1.75 million. Greenwood reported that most budget categories were on target, although there were slight overages in certain areas, such as fringe benefits. The discussion underscored the importance of community involvement, with non-federal contributions exceeding projections, indicating strong local support for educational initiatives.

A notable point of contention arose regarding the costs associated with consultants in the finance department. Board members sought clarity on the total expenditures for the past school year, revealing that approximately $500,000 had been spent on consulting services. This prompted further discussions about the necessity of these expenses and the implications for future budgeting.

The meeting also touched on the uncertainty surrounding federal funding, with board members expressing concerns about potential reductions in federal programs. Dr. Greenwood reassured the board that the finance team was closely monitoring the situation and preparing for any financial shocks by creating reserves and savings opportunities.

As the evening drew to a close, the board acknowledged the importance of ensuring that future revenues from the city's casino would be directed towards educational needs. The commitment from the city to allocate a portion of casino revenue to the school system was welcomed, but board members emphasized the need for oversight to ensure these funds are utilized effectively for the benefit of the community.

In summary, the Petersburg City Public Schools board meeting highlighted a proactive approach to financial management, transparency in operations, and a commitment to safeguarding educational resources amidst evolving fiscal challenges. The discussions set the stage for continued collaboration between the school board and the city, aiming to enhance educational outcomes for all students in Petersburg.