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Audit & Finance committee recommends comprehensive FY26 budget for first reading

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Summary

The Audit & Finance committee voted to recommend the Charleston County School District’s comprehensive FY2026 budget to the Board of Trustees for first reading, citing an early and more transparent budget book tied to GFOA standards and an updated projection that includes a 4.6% employer health-premium increase.

The Audit & Finance committee on April 24 voted to recommend the Charleston County School District’s proposed fiscal year 2026 budget to the Board of Trustees for first reading at the board’s April 28 meeting.

Committee members said the budget document is more comprehensive and transparent than past years, following Government Finance Officers Association (GFOA) formats and incorporating reconciled compensation and contract schedules. “This book is written under the framework of the Government Finance Officers Association, for transparent and comprehensive, budget presentation,” said Mister Prentice, a finance staff member presenting the budget.

The recommendation matters because the committee asked that first reading occur earlier than in previous years so staff can begin implementing the budget in June…

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