Budget

FY 2023 Budget

The FY 2023 Budget and Capital Improvement Program, effective July 1, 2022, was adopted by the Chesterfield County School Board on June 21, 2022.

The FY 2023 budget focuses on three main priorities:

  • Investing in our workforce
  • Investing in student needs
  • Investing in infrastructure

The current year’s budget reflects the school division’s priorities; it communicates value, invests in strong learning environments, considers internal and external pay equity and assists efforts to attract and retain a qualified workforce.

The Capital Improvement Program is a five-year plan that is updated annually as part of the budget process. The 2023-27 CIP identifies 

  • Five new or rebuilt elementary schools
    • A.M. Davis Elementary rebuild
    • Bensley Elementary rebuild
    • A new 360 west elementary school
    • Grange Hall Elementary rebuild
    • A new elementary school in the Old Hundred Road area
  • Three new or rebuilt middle schools
    • Falling Creek Middle rebuild
    • Matoaca Middle renovation
    • Midlothian Middle rebuild
  • One new high school and one high school addition
    • Addition to Thomas Dale High School main campus
    • A new school in the 360 west area
Superintendent's Proposed Budget FY 2024

How Our Money is Spent

FY 2023 Budget: $902,292,000

2023 budget pie graph

How our money is spent: 69.3% on instruction, 8.4% on operations and maintenance, 7.6% on debit services, 5% on public transportation, 3.5% on food services, 3.3% on administration, attendance, and health, and 2.8% on technology.
2023 budget pie graph

How our money is spent: 69.3% on instruction, 8.4% on operations and maintenance, 7.6% on debit services, 5% on public transportation, 3.5% on food services, 3.3% on administration, attendance, and health, and 2.8% on technology.

FY 2023 Budget Documents

Approved FY 2023 Budget
Adopted FY 2023 Budget
Annual Reporting
Vendor Payments
Previous Budget Cycles

FY 2024 Budget Calendar Overview

Mid-December: Governor’s proposed budget is released

Jan-Feb: School Board budget work sessions and district town hall meetings are held

Thursday, Feb. 23: The FY 2024 draft Financial Plan and FY 2024-28 Capital Improvement Plan is presented to the School Board for approval

March 1: The School Board’s approved Financial Plan and CIP is transmitted to the Chesterfield County Board of Supervisors and County Administrator

March (date TBD): Board of Supervisors hold a public hearing to include input on the School Board budget

Early April: Board of Supervisors adopt FY2024 Budget and Capital Improvement Plan

June 30: School Board’s FY 2024 Adopted Financial Plan and CIP documents are posted

Participate in the Budget Process

School Board work sessions

In January and February, the School Board will hold weekly budget work sessions that are open to the public. On Feb. 23 at 6:30 p.m., the School Board will meet to approve a proposed budget. School Board budget work sessions are scheduled in the Chesterfield County Government Public Meeting Room (10001 Iron Bridge Road, Chesterfield, VA) from 4-6 p.m. on the following dates: 

  • Tuesday, Jan. 24
  • Tuesday, Jan. 31
  • Tuesday, Feb. 7
  • Monday, Feb. 13

Community town hall meetings

Budget town hall meetings are planned for each district. Community members will have the opportunity to learn about the superintendent’s proposed budget, offer comments and ask questions. Town hall events are planned from 6:30-8 p.m. on the following dates:

Bermuda District
Jan. 25 at Thomas Dale High School – main campus (3626 W. Hundred Rd., Chester, VA)

Clover Hill District
Feb. 1 at Clover Hill High School (13301 Kelly Green Ln., Midlothian, VA)

Dale District
Jan. 30 at Meadowbrook High School (4901 Cogbill Rd., North Chesterfield, VA)

Matoaca District
Jan. 26 at Matoaca High School (17700 Longhouse Ln., Chesterfield, VA)
Feb. 2 at Cosby High School (14300 Fox Club Pkwy., Midlothian, VA)

Midlothian District
Jan. 26 at Midlothian Middle School (13501 Midlothian Turnpike, Midlothian, VA)
Feb. 1 at Manchester Middle School – Spanish-speaking town hall (7401 Hull Street Rd., Richmond, VA)

Countywide Spanish-speaking Town Hall
Feb. 2 at CTC @ Courthouse (10101 Courthouse Rd., Chesterfield, VA)

The Citizens Budget Advisory Committee meets monthly throughout the year and is tasked with assisting the School Board to evaluate the allocation of resources to ensure a high quality, effective and efficient school division. During the budget process, CBAC collaborates with school division staff as the operating budget and capital improvement plan are developed to advise the School Board on resource allocations and complete board requested and/or approved research projects. 

Budget Advisory Committee meetings are open to the public and are scheduled for the following dates:

2022

  • Thursday, July 28
  • Thursday, Aug. 25
  • Thursday, Sept. 22
  • Friday, Oct. 28
  • Tuesday, Nov. 29
  • Thursday, Dec. 15

2023

  • Thursday, Jan. 26
  • Thursday, Feb. 23
  • Thursday, March 23
  • Thursday, April 27
  • Thursday, May 18 

Advisory committee members are appointed from each of the county’s five magisterial districts and include parents, teachers, staff members, students and other community members. Read more about School Board advisory committees and how to apply.

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