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Committee to recommend Lynchburg schools’ $126.2 million FY2027 budget to the board, with a caveat about pending state action
Summary
Staff asked the committee to recommend Ordinance 2647 (the city‑adopted school division budget) totaling $126,223,530; members agreed to forward the proposed amount to the school board but noted the state budget had not yet been adopted and that any state changes would require later adjustment.
Staff presented Ordinance 2647, the fiscal 2027 Lynchburg City Schools budget adopted by the city, and asked the finance and facilities committee to recommend that the school board adopt the same ordinance amount. Staff emphasized a caveat: the state budget had not been finalized and any changes in state funding could require a subsequent vote to adjust the school division budget.
"We have to have a budget adopted by July 1st from our end in order to start the business of the next fiscal year," staff said, urging timely action. The city and federal portions of revenue, staff said, are known; the state allocation remains the unknown variable. The proposed ordinance amount presented to the committee was $126,223,530.
Committee members discussed contingency plans if the state allocation decreases; staff said the district would look at expenditures to identify potential streams for savings or streamlining. Members agreed to recommend the proposed ordinance amount to the full school board with the explicit caveat that the state number remains pending, and they discussed adding the item to that evening’s board agenda so the Board could act before July 1 if possible.
The recommendation will go to the school board with the caveat that staff may need to return later to adjust the budget if the state allocation changes.
