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CPS budget approved for FY26; state vetoes, fixed-sum levy risk and federal grant timing flagged
Summary
CPS approved a $634.7 million FY26 general fund operating budget; district officials said state budget changes trimmed projected revenue by about $3 million, flagged a potential risk if fixed-sum levies are curtailed, and reported delayed federal Title II/III/IV allocations that have since been released.
Cincinnati Public Schools’ leadership told the joint meeting that the board approved a $634.7 million general fund operating budget for fiscal year 2026 and that the district closed a substantial gap through negotiations and contingency planning.
Budget highlights and state developments CPS reported the FY26 operating budget was approved July 9 after a process that included school leaders and union partners. The district said state-level budget changes reduced projected revenue by about $3 million…
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