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Powhatan schools face roughly $2.6 million shortfall; board told to consider cuts if state aid does not increase
Summary
Finance staff told the board the division’s revenue gap grew after the county indicated a smaller transfer; the superintendent and cabinet must now prioritize roughly $2.5–$1.8 million in reductions depending on pending state amendments.
Powhatan County Public Schools staff told the board that the division’s proposed 2026 operating budget faces a revenue shortfall after the county signaled a lower transfer than requested. The division had sought a $4 million increase in the local transfer but was told the county could provide $1.5 million, leaving the division with a gap between requested expenditures and expected revenue.
Finance staff reported proposed expenditures of $66,753,000 and revised available revenues of about $64,000,194, producing an approximate shortfall of $2,559,000. Staff noted that pending…
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