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Radford City School Board approves roughly $41.3 million FY 2026–27 budget, forwards plan to city council
Summary
The Radford City School Board voted March 24 to approve a proposed FY 2026–27 operating budget of about $41.3 million and will forward the plan to city council for review; the proposal anticipates a 2–3% state pay increase and a 3% rise in health insurance costs that require local matching funds.
The Radford City School Board approved its proposed FY 2026–27 operating budget at a March 24 meeting and will forward the plan to Radford City Council for review and action.
Superintendent (name not stated) and the district budget team presented the proposal, describing four focus areas — what the division knows, what it does not yet know, resource-allocation proposals and next steps. The presentation said projected enrollment is 3,010 students and projected state funding would be about $34 million, city funding roughly $5.9 million, and local funds approximately $982,000, for a combined total in the neighborhood of $41.3 million.
The superintendent told the board that the General Assembly had not finalized its budget and that state increases are expected in the 2–3% range for teacher pay; one state proposal cited a 2% increase and another 3%. The presentation also anticipated a roughly 3% increase in health insurance costs, which the district said it is seeking ways to absorb without eroding proposed salary gains. The superintendent noted that state salary increases for SOQ positions require a local match to access the funds.
Board members asked procedural and contextual questions but did not delay action. A motion to approve the FY 2026–27 budget passed by voice vote; the board instructed staff to forward the approved budget to Radford City Council for its first reading (council first reading scheduled April 13, second reading April 27 if needed), with implementation slated to begin July 1, 2026, pending final approvals.
The presentation also reviewed the district's fund structure: textbook fund (fund 0), school-board operating fund (fund 1), school nutrition fund, grants (fund 3), health insurance (fund 4), capital projects (fund 5), Region 7 Virtual Academy (fund 7) and the Southwest Virginia Governor's School (fund 8). The superintendent described several grant-funded positions that the district proposes to move into the operating budget because district leaders consider them essential.
Next steps: the district will transmit the approved budget to city council for review; final local adoption and any required adjustments will follow council action and the state budget outcome.
