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WJCC reports $6.4 million preliminary surplus; CFO recommends $4.5 million health reserve and $650,000 textbook fund
Summary
Williamsburg-James City County Schools reported an unaudited fiscal 2025 surplus of about $6.4 million. Chief Financial Officer Renee Ewing recommended committing $4.5 million to a new health care reserve and $650,000 to a textbook fund; about $1.2 million would be returned to the locality partners.
The Williamsburg-James City County School Division reported a preliminary, unaudited operating-year surplus of approximately $6.4 million for fiscal year 2025, and Chief Financial Officer Renee Ewing recommended the board commit most of that amount to two reserves that administrators say would shore up division finances.
Ewing told the school board the division’s “actual revenue for the year is 183,100,000,” about $2.3 million above the adopted budget, and its expenditures plus open encumbrances totaled about $176.7 million, leaving roughly $6.4 million remaining after year-end adjustments.
Ewing said the surplus results from two primary sources: $2.3 million in higher-than-budgeted revenue (including stronger sales-tax…
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