City Council and School Board Joint Meeting, Five Year Forecast, 11/18/2025

Virginia Beach City Council and Virginia Beach City Public Schools (Joint Session) · November 18, 2025

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Opening; special session notice

AnnouncementPresentation

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A presiding official opened the joint session and read a formal notice calling a special meeting for Nov. 18, 2025, to receive the five-year forecast for the city and schools, citing Virginia Beach code section 2-2-2-1. The stated purpose: a joint city council and school board presentation and discussion of the five-year forecast.

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City and school officials held a joint session on Nov. 18, 2025, to present a combined five-year forecast showing baseline deficits that grow from about $11 million in year one to roughly $72 million by year five, driven largely by personnel costs, rising health-care expenses and federal funding shifts. Presenters urged continued intergovernmental collaboration and noted several policy and revenue uncertainties, including state rebenchmarking and tax-exemption growth.

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Transcript

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