Budget Information
The Budget and Financial Analytics division is responsible for preparation of the annual operating budget for Loudoun County Public Schools. The Code of Virginia requires that a school division Superintendent submit to the governing body, with the approval of the School Board, an estimate of the funds needed during the next fiscal year for support of the public schools. In Virginia, School Divisions are fiscally dependent on the local governing body which for Loudoun County Public Schools is the County Board of Supervisors.
Loudoun County Public Schools Budget Process
August-December
Preliminary Fiscal Forecast presented to School Board
Departments prepare budget request
Internal Department review meetings held
January
Superintendent presents Superintendent's Estimate of Needs to School Board
Public Hearings held
School Board modifies/approves budget
February-April
School Board presents proposed budget to County Board of Supervisors. County Board of Supervisors appropriates budget for school district
School Board makes necessary adjustments to reconcile their budget with County appropriation
May-July
Final adopted budget is loaded into accounting system to become basis for operating the school system