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FY2027 Budget

Updates & Materials

FY27 Operating Budget Overview

A school department’s operating budget is the annual financial plan that supports the day-to-day operation of the schools. It covers the ongoing costs required to educate students and keep schools running safely and effectively.

The operating budget funds expenses such as teacher and staff salaries and benefits, classroom supplies, instructional materials, transportation, utilities, special education services, and routine maintenance. These costs recur each year and are directly tied to providing educational programs and services to students.

While the capital budget focuses on long-term investments like buildings and major equipment, the operating budget pays for the people, programs, and services that support students every day during the school year.

FY27 Capital Budget Overview

A capital budget is a long-term financial plan used to pay for major projects and purchases that will benefit the community for many years. These are typically large, one-time investments rather than everyday operating expenses.

Capital budgets are used for projects such as constructing or renovating buildings, improving infrastructure, purchasing major equipment, or making technology upgrades. Because these projects are costly and have long-lasting value, they are often funded over several years, sometimes through bonds or other long-term financing.

In short, while the operating budget covers day-to-day expenses like salaries and utilities, the capital budget focuses on building, maintaining, and improving the community’s long-term assets.