Overview

• Superintendent Brian Yearwood confirmed the $188 million gap and said leaders are making difficult choices, following earlier warnings that assets might have to be sold to cover payroll if nothing changes.
• Planned reductions totaling $132 million focus on central office, with officials saying base pay for teachers and school-based staff will be preserved and classroom instruction protected.
• After initially indicating a firm was selected, Yearwood withdrew the recommendation and will issue a request for proposals for an independent, forensic-style review, which the district acknowledges will take longer.
• JCPS described an audit scope covering 2024–2026 financial results, key assumptions and significant variances, and launched a Financial Stability webpage for public updates.
• Revenue measures include a recently approved property tax change expected to add $36.5 million, as Republican lawmakers signal they will fight any further tax increases.