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Chesterfield school board approves FY27 operating plan and $117 million FY27 CIP appropriation
Summary
The Chesterfield County Public Schools board adopted the FY27 operating plan and approved a FY27 capital appropriation on Feb. 24, 2026. Presenters said the combined plan relies on roughly $1.1 billion in total resources, includes a headline 5% compensation adjustment and $47.9 million in new spending; both memos passed on unanimous roll calls.
The Chesterfield County Public Schools Board approved the district's FY27 operating plan and a FY27 capital appropriation during a special meeting on Feb. 24, 2026.
Bob Meister, a district staff member who presented both plans, said the total CCPS financial plan is "just over 1,100,000,000" with an overall increase of about 4.8 percent and $47.9 million in new spending tied to the FY27 proposal. "The headline number in this year's budget is a 5% compensation adjustment," Meister said, describing the proposal as including a 4% cola for teachers and administrative positions plus a roughly 1% step for staff.
The presentation listed revenue sources and allocations: Meister…
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