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Hampton reports $329M operating budget; ADM rise could add $3.5M in state funds
Summary
CFO reported a $329 million operating budget, $209 million collected to date (≈64%), expenditures of about $223 million (≈68%), payroll representing ~77% of spending, and an average daily membership increase of 128 that the district estimates could yield roughly $3.5 million in additional state funds.
Chief Financial Officer Bridal Branch presented the March 2026 board report, reporting a $329,000,000 operating budget and $209,000,000 collected year-to-date (about 64%). She said $147,000,000 of the revenue is from state funds and $42,000,000 is the local contribution.
Branch said expenditures through March totaled about $223,000,000 (roughly 68% of the operating budget) and payroll represents approximately 77% of total spending. The division submitted its spring membership report to the Virginia Department of Education and reported an average daily membership (ADM) of 18,481, an increase of 128 compared with the budgeted ADM of 18,353; the CFO estimated that difference could translate to about $3,500,000 in additional state revenue.
Branch said the administration will monitor revenues and return to the board with budget-approval items as needed. The board had no questions after the report and moved forward in the agenda.
