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Cincinnati Public Schools sets $634.2M general-fund budget target as federal grant outlook dims
Summary
Cincinnati Public Schools leaders told the board Oct. 11 they will start next year’s general-fund budget at $634.2 million and warned of likely reductions in federal Title I, Title III and ESSER carryover that could shrink available resources.
Cincinnati — Cincinnati Public Schools administrators said Oct. 11 they will set a $634,200,000 general-fund budget target for fiscal year 2026 and cautioned the board that expected reductions in federal grants will tighten the district’s overall resources.
Superintendent Susan Bennett Murphy and Treasurer Dustin Augustine briefed the board at a retreat on the district’s forecast and the work that must be done between now and next June to balance priorities with available money.
District staff said $634.2 million is about $500,000 less than the final general fund this year. “We’re looking at setting the budget target to start for next year at $634,200,000,” Treasurer Dustin Augustine told the board, noting the number derives from the forecast the board…
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