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Superintendent proposes FY27 budget asking roughly $2.9 million from Louisa County; CTE center reported on schedule
Summary
The superintendent presented a FY27 budget that requests $2,933,000 from the locality (plus yet-to-be-determined health-care costs), outlined $3.52 million in proposed compensation increases and operational additions tied to a new middle-school wing and CTE center. Board discussion focused on state funding shifts and savings from VRS.
The superintendent presented the school division's proposed FY27 budget and told the board the request to the locality will be $2,933,000 plus whatever increases emerge for health insurance.
The presentation broke the ask into four components: near-term needs already realized (about $426,000 for additional teachers and bus drivers), operational increases tied to the middle-school addition (including approximately $314,000 for new positions and about $75,000 for utilities), compensation increases totaling approximately $3,520,000 for certified and classified staff, and long-term vision investments such as expansion of CTE programs. "So tonight, we present to you, our budget FY '27, superintendent's budget," the superintendent said during the presentation.
On sources of revenue, the superintendent said state funding as presented in the outgoing governor's budget added about $963,000 compared with last year; he also said the division expects VRS (retirement) savings of about $490,000. He cautioned that the state numbers were based on the budget submitted by the prior governor and that amendments from the incoming governor and the General Assembly could alter the totals.
Board finance staff reported on capital work tied to the budget pitch. Finance staff said $9,148,939.27 has been spent on the CTE project to date, representing 23.29% of the project budget, and that the overall project is 31.63% complete. Construction staff told the board the CTE building's block work is roughly 65% complete, that sections B and C are at roof height and that steel has been ordered. They said weather-related slowdowns had not put the schedule behind.
Board members asked about the Local Composite Index (LCI) and its effect on state funding; the superintendent said an increased LCI raises the locality's share and reduces state aid unless the state budget fills the gap. On VRS savings, a finance representative said a retirement-system rate decrease produced the projected savings.
The board received the presentation and opened a public hearing on the proposed budget; one parent, Jessica Beck, urged the board to support pay increases and described local programs the budget would sustain.
The board did not take a final appropriation vote at the meeting; the superintendent said the division will continue to monitor General Assembly budget amendments and the county's health-insurance bids before final figures are settled.
