May 18, 2020
To the Henrico County Public Schools team,
This is an update about the Approved HCPS Financial Plan for 2020-21. Last week, a revised version of Henrico County’s overall 2020-21 financial plan was approved by the Board of Supervisors, which included the HCPS budget approved Thursday by the School Board. In the amended plan, HCPS is generating at least $10.5 million in savings, and while there is no easy way to make cuts of this magnitude, the priority is to minimize the impact on our students and employees.
In general, this plan includes the following reductions, most of which were first communicated back on April 14:
- Various operating costs eliminated across multiple departments
- Funding reduced for travel and other costs associated with professional learning
- Funding eliminated for school bus replacement
- Funding eliminated for several capital improvement projects such as a new elementary school in the Fairfield District and an expansion of Hungary Creek Middle School. (Note: Construction at Highland Springs High School, J.R. Tucker High School and Holladay Elementary is not)
- Reserve funding eliminated for furniture, school technology and band equipment
- Funding reduced for textbooks, ‘tech’ books and other instructional supplies
- Funding eliminated for some extended responsibility stipends (employees impacted by this change have been contacted by their principal.)
The school division, like our general government counterparts, has also instituted a hiring freeze on certain central office and operational positions, and called a halt to discretionary spending and unfunded capital projects. As I also mentioned in April, the 3% salary increase that was expected in July for all Henrico County employees is no longer in the budget. We expect, however, to issue contracts for the 2020-21 school year later this week. Communication from the Human Resources Department will provide additional details regarding the issuance of contracts.
I realize this message will generate many questions about specific areas of impact. While this amended budget establishes a new total funding amount for HCPS, please know that our team is continuing to work through a variety of options in order to minimize the impact that will be felt in the classroom.
The School Board and I appreciate your extraordinary dedication in these unprecedented times.
Thank you for reading,
Amy E. Cashwell, Ed. D.
Please provide comments, suggestions and questions to the budget office @ firstname.lastname@example.org
Monthly Financial Statement
School Nutrition Services Income Statement