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WJCC projects $4.3M year-end balance; staff bonus proposal tied to state funds
Summary
Preliminary year-end estimates show about $4.3 million remaining; staff recommended a $1,000 payment for full-time and $750 for part-time employees funded from a mix of state one‑time funds and salary savings pending board decisions.
Williamsburg-James City County Public Schools staff presented preliminary, unaudited year-end revenue and expenditure projections and a proposed one-time employee payment tied to state funding. Finance staff estimated approximately $4.3 million in unspent funds at fiscal year end and outlined a recommendation to use available funds and state bonus allotments to provide one-time payments to employees.
Assistant superintendent/cabinet-level finance staff reported that projected total revenue for the year is roughly $182 million, about $1.2 million above the fiscal 2025 budget, driven largely by higher-than-expected sales tax and state…
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