Title
Resolution to Amend the Fiscal Year 2026 Council Approved Budget to Accept and Appropriate $9,385,379 in Additional Revenues (State and Other Funds) to the General Fund's School Operating Budget
Purpose
PURPOSE/BACKGROUND:
The Code of Virginia Section 22.1-94 states that "a governing body may make appropriations to a school board from the funds derived from local levies and from any other funds available, for operation, capital outlay, and debt service in the public schools." Additionally, the Code of Virginia Section 22.1-88 states "the funds available to the school board of a school division for the establishment, support and maintenance of the public schools in the school division shall consist of state funds appropriated for public school purposes and apportioned to the school board, federal funds appropriated for educational purposes and apportioned to the school board, local funds appropriated to the school board by a local governing body or such funds as shall be raised by local levy as authorized by law, donations or the income arising therefrom, and any other funds that may be set apart for public school purposes."
Discussion:
The School Board of the City of Hampton approved $5,855,422 and $3,529,957 in additional state and other revenue on May 21, 2025 and May 20, 2026, respectively.
The School Board of the City of Hampton is requesting that the additional revenues (State and Other Funds) received for fiscal year 2026, in the amount of $9,385,379, be accepted and appropriated to the General Fund's School Operating Budget.
Impact:
$9,385,379 in additional State funds have been allocated to support Hampton City Schools above the amounts included in the City Council Approved Fiscal Year 2026 Budget.
Recommendation:
Rec
Body
WHEREAS, the Code of Virginia Section 22.1-94 states "that a governing body may make appropriations to a school board from the funds derived from local levies and from any other funds available, for operation, capit...
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