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Waynesboro bodies agree to keep talking after city proposes 3% cap on school funding increases
Summary
City staff proposed a revision to the long‑standing Waynesboro funding formula that would cap year‑over‑year municipal contributions to the schools at 3%. School leaders urged fuller data review and both bodies agreed to continue joint and 2‑on‑2 meetings with a target follow‑up in April rather than taking immediate action.
Waynesboro City Council members and the Waynesboro School Board met in a joint session on Jan. 13 to discuss a city proposal to limit year‑over‑year increases in the municipal portion of school funding to 3 percent.
A municipal presenter summarized the proposed amendment and the formula’s mechanics, saying, “The proposed amendment would establish a maximum increase of amount of 3% per annum per year.” City staff told the joint meeting that projections indicate the 3 percent maximum would not reduce school revenues for fiscal 2027 and described the change as a tool to preserve municipal capacity for capital and operational investments as the city plans a major high school project.
City staff noted the council anticipates issuing debt for a high school project they estimated at about $60,000,000 and said that historically a 3 percent cap would have affected the formula in several past years. Finance staff explained the…
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