The fiscal year 2024 Budget and Capital Improvement Program, effective July 1, 2023, was adopted by the Chesterfield County School Board on May 9, 2023. The annual operating budget totals $965,191,900.

The fiscal year 2024 budget focuses on three main priorities:

• Recruitment and retention

• Maintaining existing service levels given student growth and inflation

• Critical service level increases

The current year’s budget continues the mission set in recent years, dedicating funds toward continued pandemic recovery, ensuring a stable workforce despite economic uncertainty, and ensuring current service levels are maintained despite rising prices.

The Capital Improvement Program is a five-year plan that is updated annually as part of the budget process and totals $611,945,500 across the proposed timespan. The 2024-28 CIP identifies:

• Six new or rebuilt elementary schools

  • A.M. Davis Elementary rebuild

  • Bensley Elementary rebuild

  • A new western area elementary school

  • Grange Hall Elementary rebuild

  • A new elementary school in the Old Hundred Road area

  • A new Dale district elementary school

• Four new or rebuilt middle schools

  • Falling Creek Middle rebuild

  • Matoaca Middle renovation

  • Midlothian Middle rebuild

  • A new western area middle school

• One new high school and one high school addition

  • Addition to Thomas Dale High School main campus

  • A new western area high school

Note: The General Assembly did not reach an agreement on amendments to the fiscal year 2022-24 budget during the regular legislative session, and as of July 25, 2023, a final revised budget has not been passed by state legislators. The Chesterfield County Public Schools budget is expected to be amended once the General Assembly finalizes the amended state budget.

• Approved fiscal year 2024 budget

• Adopted fiscal year 2024 budget

• Annual Reporting

• Vendor Payments

• Previous Budget Cycles