Cabell County Schools treasurer says FY26 outlook improved but enrollment loss still cuts revenues

Summary

Treasurer Mr. Rotkin told the Cabell County Schools board the district narrowed an earlier $7.1 million projected fund-balance reduction to roughly $3'$4 million and remains above the 16.6% minimum reserve; higher property-value estimates and excess-levy receipts could offset much of the loss but uncertainty remains until March state figures and legislative action.

Treasurer Mr. Rotkin told the Cabell County Schools board at a January work session that the district's projected reduction in its general-fund balance has narrowed from about $7.1 million to roughly $3'$4 million, leaving a projected June 30 fund balance of about $34.09 million and keeping the district north of its 16.6% minimum reserve.

"At the beginning of the year ... we were projecting about a $7,100,000 reduction in fund balance," Mr. Rotkin said, adding that updated revenue and expenditure figures have closed much of that gap. He cautioned, however, that many figures remain estimates.

Why it matters: The update framed the starting point for FY26 budgeting. Mr. Rotkin said an enrollment decline of roughly 200 students this year accounts for an estimated $868,000 reduction in state revenue driven by the funding formula. Offsetting that, the state tax…

Cabell County Schools treasurer says FY26 outlook improved but enrollment loss still cuts revenues

Summary

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