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ADM dips to 4,220.43; finance director warns of roughly $1.3 million revenue shortfall
Summary
Dr. Farley reported the certified March ADM of 4,220.43, below projections, and presented April revenues and expenditures; he said the division anticipates an estimated $1.3 million reduction in ADM‑related revenue for FY26 and outlined steps to review revenues and expenditures to protect classroom instruction.
Dr. Farley presented April financial results and the certified March Average Daily Membership (ADM), which serves as a key funding checkpoint for Virginia school divisions.
He reported operating revenues for April of $8,600,000 and year‑to‑date operating revenues of $55,300,000 (84.71% of budget). Total revenues for all funds…
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