Cabarrus County Schools discusses '25-'26 budget amid current funding shortfall
Chief Financial Officer Phillip Penn said the district's financial situation has improved since they announced a $11 million deficit at the beginning of the year.
Cabarrus County Schools request funding for new roof amid budget woes
In a letter to Superintendent Dr. John Kopicki, Penn stated officials found nearly $4.4 million in savings. Penn said he believes its possible to close the remaining gap by the end of June.
The Budget Finance Committee will review the Superintendent's Proposed 2025-2026 Local Budget. The plan details current funding levels and anticipated needs for salaries, non-personnel expenses and Capital Improvement Projects for individual schools.
Members will also discuss shortcomings of anticipated revenue, such as reselling of 'used Apple products.' Penn's memo to Dr. Kopicki states the district received $138,000 less than anticipated.
Parents said they're concerned about what cuts may come from special education classes, or the Exceptional Child program. Of the $11 million gap, roughly $3 million is related to EC programs.
Parents concerned about $3M special-needs funding as Cabarrus County Schools addresses $11M budget deficit
Thursday's committee work session begins at 6 p.m. at the Cabarrus County Schools Education Center.
Board of education members will hear the proposed budget Monday, March 31. The board will hold a public hearing on the budget April 7.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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