News: Loudoun County Public Schools Wants Parent Input on Where to Spend $8.5 Million Surplus

Via Loudoun County Public Schools

(May 19, 2011) - Loudoun County Public Schools (LCPS) is anticipating an end-of-year surplus of $8.5 million for the fiscal year ending June 30th.

This represents 1.19 percent of the Fiscal Year 2011 school operating budget of $710,345,662. This savings has been accumulated through fuel economy, not filling vacant positions and other cost-cutting measures.

LCPS Superintendent Edgar B. Hatrick III will propose to the School Board that $4.018 million of this undesignated money be used to alleviate an instructional inequity in elementary schools by completing the installation of interactive white boards.