Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Orangeburg district reports $43.7M fund balance; FY26 draft budget targets teacher raises and other personnel steps
Summary
At the March 25 budget workshop the district reported a June 30, 2024 fund balance of $43.7 million, outlined FY25 revenue reductions, and identified FY26 priorities including a proposed $1,500 teacher pay increase, a bus‑driver schedule adjustment and possible retention and signing bonuses.
Gail (finance staff) and senior staff presented the Orangeburg County School District's current fund balances, revenue picture and preliminary priorities for fiscal year 2026 at the March 25 budget workshop.
Gail said the district's fund balance history shows $17.2 million in 2019, a drop to about $7 million in 2020 and a recovery to $43.7 million as of June 30, 2024. She told the board the FY24 revenue mix (audited) shows the general fund provided roughly 62% of total revenue, special revenue 19%, EIA 6%, food service 4%, debt service 7% and capital projects 2%.
Gail said the district's FY25 state allocation was $65.2 million but that the district expects…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
