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Granville County BOE warns of $2.8M funding shortfall as enrollment falls; consolidation cited as key savings
Summary
The Granville County Board of Education reviewed budget projections after losing more than 400 students this year, forecasting roughly $2.8 million in reduced state funding and a projected fund balance near $4.0 million (about 5.5%). Officials said prior consolidation moves saved roughly $3 million annually but additional cuts remain likely.
The Granville County Board of Education on Feb. 3 heard a detailed budget update warning that falling enrollment will reduce state funding by an estimated $2.8 million for the coming year.
Finance Director Miss Hines told the board the district lost more than 400 students this school year and is operating in a funding‑in‑arrears model; the district’s average daily membership fell from 6,273 (Dec. 1, 2024) to roughly 5,900 in the current reporting period. Miss Hines said those enrollment losses translate into a projected drop of about $2.8 million in positions and dollars if current trends continue.
The staff presented a projected local fund balance of about $4.0 million, or roughly 5.5% of the operating budget, below…
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