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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 for April were $9,100,000 with year‑to‑date totals of $59,800,000 (80.99%). On the expenditure side, year‑to‑date total expenditures for all funds were $58,500,000 (79.24%).
On enrollment, Dr. Farley said the official ADM certified March 31, 2026 is "4220.43," noting it reflects a drop of roughly 100 students compared with CCPS projections of 4,340. He said that, based on the certified spring SRC, the division will experience an estimated $1,300,000 reduction in ADM‑related revenue for FY26.
To address the shortfall, Dr. Farley said the division is conducting a comprehensive review of revenue sources and expenditure categories, evaluating staffing allocations, vacancies, and non‑mandated spending to prioritize classroom instruction and maintain long‑term fiscal stability. He invited board questions and said staff would return with mitigation recommendations as needed.
No board action was required; the financial update was informational with implications for the FY27 planning cycle.
