What is the difference between the HCPSS Operating Budget and the Capital Budget?
The school systems capital budget funds the construction of new school facilities and provides for renovations, additions, roofing and barrier-free projects, technology equalization, and the purchase and/or relocation of portable classrooms for existing facilities. The budget document includes a capital budget for the upcoming fiscal year, a five-year capital improvement program, and a ten-year long-range master plan. Financing for capital projects comes primarily from three sources — local bonds, local transfer tax, and state school construction funds. Copies of the capital budget are available through the school systems Public Information Office and at www.hcpss.org The school system’s operating budget pays for daily classroom instruction, maintenance, and other educational services. The Operating Budget will be proposed in the new year. The Capital Budget process is happening now. Superintendent Dr. Cousin presented his proposed budget to the Board of Education members on Sept. 4th
