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Audit & Finance Committee recommends second reading of FY2026 budget; administrators highlight weighted student funding rollout and fund‑balance plan
Summary
The committee voted to recommend second reading of the district's FY2026 budget. Staff described how the district is using ESSER fund balance to phase in the weighted student funding (WSF) program and outlined projections and risk scenarios for later years, including the long-term effect of recent pay increases.
The Charleston County School District Audit & Finance Committee voted to recommend second reading of the district's proposed fiscal year 2026 budget after a lengthy discussion about the weighted student funding program, the use of fund balance and projections for future pay obligations.
Finance staff presented the budget and answered trustees' questions about program-level spending and long-term fiscal risk. "We are requesting a recommendation from the committee for second reading of the FY2026 budget," Mr. Prentice said as he opened the discussion. He told the committee the district reduced its planned use of fund balance from the prior year and intends to spend committed ESSER sustainability reserves strategically over the next several years.
The budget recommendation matters because it frames the district's spending plan for compensation, schools and programs for the coming year. The proposal includes continued funding…
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