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Henrico board approves agenda and consent block; finance staff flag possible $38 million revenue variance
Summary
The Henrico County School Board approved the meeting agenda and a consent block of items. During the consent review a board member noted an apparent $38 million surplus in state and federal revenues; finance staff said year‑end closing must finalize the figure before any appropriation.
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The Henrico County School Board opened its Aug. 28 meeting by approving the agenda on a motion moved by Mr. Young and seconded by Ms. Kinsella. Later in the meeting the board approved the consent agenda (items 8.01 through 8.1) on a motion by Mr. Irving, seconded by Mr. Young; the chair called for voice votes and the ayes carried both measures.
During the consent agenda review, board member Irving asked about a report showing that state sales tax and state funds had come in higher than budgeted—together the transcript lists $37,992,055 in excess state and federal revenues. Finance staff responded that the report is a snapshot prior to the county’s year‑end close and that if the county’s financial statements confirm an additional $38 million (this figure excludes any expenditure savings), the general government could transfer an equivalent amount to general fund balance and bolster reserves. Any subsequent use of reserves would require appropriation to the fiscal year 2026 budget.
The finance representative clarified that the figures shown are preliminary and depend on the county’s final year‑end statements; no additional appropriations or specific spending decisions were made at the meeting. The consent agenda vote carried by voice; the transcript records the motions and the chair’s statement that "the ayes have it." No roll‑call tallies were provided in the public transcript.
What’s next: The board announced its next meeting on Sept. 11, 2025 (3 p.m. work session at Newbridge Auditorium) and adjourned.

