The school authority of Memphis-Shelby County focuses on the budget for the 2026 financial year under state interventions.
Memphis, Tenn.-with state intervention in Memphis-Shelby County Schools, who now have a break both in the house and in the Senate, the board turns to the budget for the 2026 financial year.
You probably spoke board members and district commissioners about the 2 -billion dollar budget of the district, but this financing could now be jeopardized on the basis of measures by the Ministry of Education.
With hurdles from some members of the house, the Senate and the Shelby County Commission, all of which require different versions of intervention or supervision, the board of Memphis-Shelby County is now confronted with another obstacle.
Many school districts feel the effects of a potential permanent loss, including MSCs. On March 28, the district received an e -mail from the Ministry of Education, in which it imposed the approval of the past year for more than 55 million dollars.
“If we cannot find a way to keep this money, we have to enter into our fund balance,” said Natalie McKinney, an MSCS board member. “Our fund credit is currently 200 million US dollars and 55 million US dollars, which leaves us a little less than 150 million US dollars.”
So, with this threatening loss and the school year 2025-2026, where does the budget for Tennesse's largest district? MSCs interviewed students, parents and employees to get their influence on where the budget should concentrate, and this proposal reflects some of these results.
At the beginning, the total costs for the next year are just over 1.85 billion US dollars. So where will this money go for parents, students and teachers?
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Almost $ 30 million will go to special training assistants.
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$ 10 million will go into new textbooks.
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4 million dollars Is issued to fill vacancies in the classroom and offer ongoing support.
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$ 27 million will go to art and athletics programs.
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Schools will also record improvements Over $ 100 million Translated for construction and HLK upgrades, but the Ministry of Education now threatens these funds.
While the board weighs its options and tries to find out how this money can be recaptured, they also wait for how the state and the district will progress with every intervention.
The study showed that parents, students and employees are most concerned about improving school buildings and facilities. Compared to last year, it looks better with around 70 million US dollars in the budget for upgrades such as roof repairs and new paintings.
The budget will only be completed at the end of May, and the board members are working on a plan to get the 55 million US dollar back that the Ministry of Education has drawn.
You will meet again on Wednesday afternoon to continue to discuss it.