Revenue Summary

The FY 2020-2021 operating budget revenue totals $98,108,191, a decrease of $644,770 over the FY 2019-2020 adopted budget or (0.65%).

  • Revenue from the Commonwealth of Virginia is $56,521,193, an increase of $2,505,904 over the FY 2019-2020 adopted budget or 4.64%. The state revenue by category is as follows:
    • State Sales Tax $12,314,738
    • Standards of Quality Funds $35,179,298
    • Incentive Programs $ 2,867,981
    • Categorical Accounts $ 143,039
    • Lottery Funded Programs $ 6,016,137
  • Revenue from the federal government for FY 2020-2021 is $390,000, which is a decrease of $98,500 over the FY 2019-2020 adopted budget or (20.16%).
  • Revenue from other sources for FY 2020-2021 is $1,368,500, which is a decrease of $852,174 over than the FY 2019-2020 adopted budget or (38.37%).
  • Revenue from the City of Lynchburg (City) for FY 2020-2021 is $39,828,498, which is a decrease of $2,200,000 with the FY 2019-2020 adopted budget or (5.23%).

Expenditure Summary

The major cost changes from the FY2019 are as follows:

  • The budget includes a total decrease of $1,534,378 in salaries due to eliminating positions through organizational restructuring.
  • The budget for health insurance was increased as the employer portion of the benefit was increased to address rising insurance claims.
  • There was also an increase in the Virginia Retirement System (VRS) rates and the Group Life Insurance Rates for retirement benefits.
  • Major changes in functional areas are as follows:
    • Instruction
      • Personnel Services: The decrease in personnel services was a reduction of $805,754 due to the elimination and combining of positions within the division.
      • Employee Benefits: The $1,409,344 increase in benefits was due to an increase in the employer contributions to the employee medical plan and increased rates for VRS and group life insurance.
      • Tuition Payments: The $857,920 decrease was attributed to the elimination of LAUREL Regional School's non-center based program.
    • Administration
      • Employee Benefits: The $198,727 increase in benefits was due to an increase in the employer contributions to the employee medical plan and increased rates for VRS and group life insurance. The budget for unemployment claims were also increased.
      • Purchased Services: The $101,639 decrease in purchased services was due to reassigning all divisional software expenditures to the Information Technology department.
    • Pupil Transportation
      • Personnel Services: The decrease in the personnel services budget of $770,958 over the FY 2019-2020 adopted budget is due to the removal of unfilled, part-time positions. Other part-time positions were converted into full time positions to allow for a decrease in the overtime budget.
      • Capital Outlay: The Capital Outlay budget decreased by $271,340 from the FY 2019-2020 adopted budget by reducing the amount of school buses purchased.
    • Operation & Maintenance
      • Employee Benefits: The $229,794 increase in benefits was due to an increase in the employer contributions to the employee medical plan and increased rates for VRS and group life insurance.
      • Purchased Services: The $237,761 decrease in purchased services was due to reassigning all division software expenditures to the Information Technology department.
    • Technology
      • Purchased Services: The increase in Purchase Services from the FY 2019-2020 adopted budget of $660,552 is due to the reassignment of all divisional software purchases to the Information Technology department.

Lynchburg City Schools 2020-21 Operating Budget

Per Pupil Expenditure Notification

Per Pupil Expenditure for Operations - FY2021-22 Budget