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Board approves FY26 operating budget adjustments, CIP and salary increases; one-time $650 bonuses authorized
Summary
The Virginia Beach School Board approved a suite of budget and compensation actions on May 27, including an amended FY26 operating budget request to city council to incorporate additional state funding, adoption of a $870.4 million CIP, approval of a revised salary schedule, and a one-time $650 bonus for full-time employees.
The Virginia Beach School Board approved a slate of fiscal measures on May 27, including amended operating budget requests, capital program adoption, a salary resolution for fiscal year 2025-26 and one-time bonuses for employees.
Operating budget and appropriations: The board requested an additional appropriation of $2,694,929 from the city of Virginia Beach to reflect additional state funds and special add-ons; the board also requested $1,953,127 from the cell tower fund for completion of a phone system replacement and $162,100 for athletic fund increases tied to approved ticket-price changes. The operating budget amendment cited…
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