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Fairfax County Public Schools (FCPS)
Reply to "WAPO article about sever FFX school budget cuts"
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[quote=Anonymous]I guess the WP article did not see fit to mention the massive increased costs of heath ins... [i]Although the budget development process has barely started for next school year’s funding, Fairfax County Public Schools (FCPS) is facing a bottom-line budget deficit of $140.7 million in FY 2015, due to revenues that have not kept pace with growing enrollment and increasing mandatory costs. The primary drivers include: Student enrollment growth, projected to be an additional 2,800 students for next school year ($25 million). [b]Health insurance rate increase ($27 million). [/b] Increased contributions to the Virginia Retirement System ($37 million). Loss in state revenue through the recalculation of the state funding formula, known as the LCI, and the loss of one-time incentive funding ($21 million).[/i][/quote]
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