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Kingsport board approves FY25–26 budget revision after city funding stays flat; district to use fund balance
Summary
The board approved the district’s revised FY25–26 budget, keeping the total appropriation unchanged at about $105 million but increasing the planned use of fund balance after the city held its contribution flat; Superintendent Hampton warned deeper cuts could affect staff and programs.
The Kingsport City Schools Board on June 10 approved a revised fiscal year 2025–26 budget that keeps the district’s total general purpose appropriation at $105,002,300 but increases the planned draw on the district’s fund balance after the city did not approve a proposed funding increase.
David Fry (staff member) told the board the package the board approved in May anticipated an additional $1 million from the city of Kingsport. The Board of Mayor and Aldermen kept its transfer for operations at $11,245,300 rather than the $12,245,300 the schools had expected, creating a funding gap the district plans to cover in part from its fund balance.
“The general purpose budget is still $105,002,300,” Fry said, noting that the difference will increase the amount drawn from fund balance. Fry said the…
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