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Richland 1 board approves $419.4 million general fund budget for 2025-26
Summary
The Richland 1 Board of School Commissioners approved a $419,398,762 general fund budget for fiscal year 2025-26 on third reading, after the board accepted county and state revenue adjustments and reduced some planned increases.
Richland 1 Board of School Commissioners on June 24 approved the fiscal year 2025-26 general fund budget at $419,398,762 following a third reading and discussion of revised state and county revenue projections.
The administration recommended the budget and described adjustments made since the second reading to reflect final state revenue projections, county decisions and a cap calculation under state law. "The administration recommends third reading approval of the fiscal year 25, 26 general fund budget for $419,398,762," Ms. Bing said.
Why it matters: the board’s vote finalizes spending and pay decisions for the district for the new school year and sets priorities for staff compensation, programs and capital needs.
Board and staff described…
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