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JCPS Sets $132 Million Cut Target for 2026–27 Budget, Vows No Teacher Pay Cuts

Leaders set a $132 million reduction target ahead of a January budget deadline.

Overview

  • Superintendent Brian Yearwood said most reductions will come from the central office to protect classroom operations.
  • The district launched a Financial Stability web page and is pursuing an independent forensic-style audit to increase transparency.
  • Officials say JCPS faces a $188 million gap driven by multi-year spending growth, costly repairs, and sharply higher insurance premiums.
  • Budget leaders previously warned assets may need to be sold to meet payroll next fall, with cash potentially exhausted by October 2026 without fixes.
  • A recent property tax change is expected to bring in $36.5 million, and a Revenue Advisory Task Force is working toward options before the January draft budget.