IWCS to present ’23 budget Feb. 10
Published 5:04 pm Tuesday, February 8, 2022
Isle of Wight County’s School Board — and the public — are set to receive their first look at Superintendent Dr. Jim Thornton’s proposed budget for the 2022-23 school year on Feb. 10.
The School Board has scheduled a Feb. 24 public hearing on the matter, and plans to vote on a final budget by April.
Isle of Wight County Schools is currently operating under a $69.3 million operating budget, with $26.7 million of that money coming from Isle of Wight County taxpayers. Virginia public school divisions are funded through a combination of federal, state and local money.
The $26.7 million represents a roughly $500,000 reduction from the county’s contribution during the 2020-2021 school year.
Former Gov. Ralph Northam had proposed giving teachers an annual 5% raise, for a cumulative 10.25% increase over the 2022-2024 biennium, in a draft budget he presented to Virginia’s General Assembly in December. “Crossover,” when the budget bill and others passed by the House of Delegates are considered by the Senate, and vice versa, is tentatively scheduled for Feb. 15.