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Finance report: revenues exceed last year; board approves modest school meal price increases
Summary
Finance staff reported year‑to‑date revenues about $2.3 million higher than last year and a projected ~1.6M underrun; board approved modest meal price increases (10¢ breakfast; 15¢ lunch; 50¢ adult meal) to support food services amid rising costs.
The Prince George County School Board received a financial status update June 8 showing operating fund revenues at 88.3% through May, about $2.3 million higher than the same point last year, and projected year‑end underrun of roughly $1.6 million (about 1.8% of budget), finance staff reported.
Miss Smith said federal impact aid revenue and Department of Defense funds are running higher than budgeted this year, and she noted one purchase order exceeding $100,000 in May: approximately $651,000 for roof replacements at Moore and Clements schools.
On food services, department leadership (Mr. Barnes) explained rising food costs and wage pressures and requested modest price increases to help sustain operations: +$0.10 for breakfast (elementary and secondary), +$0.15 for lunch (elementary and secondary), and +$0.50 for the adult meal. The board approved the increases and directed staff to return budget estimates during the next budget cycle for the cost of universal free meals (if considered).
Board members discussed meal debt reporting requirements and the operational challenges of increasing free meal coverage; food services noted ongoing outreach to get eligible families to complete free & reduced lunch applications.
Finance staff said the division has book carryover funds, textbook fund balances and other one‑time resources it can apply to capital or instructional needs, and will seek appropriate county appropriations if necessary.
