The Code of Virginia requires that school divisions prepare annual budgets. Spotsylvania County Public Schools’ annual budget planning process covers a nine month period from September through May. The Superintendent’s annual recommended budget is developed based on revenues and expenditures noted in the Governor’s Proposed Budget. The School Board’s Adopted Budget is developed based on revenues and expenditures noted in the General Assembly’s Adopted Budget. Moreover, the annual budget is compiled with input and feedback from a variety of stakeholders and key source documents, including:
Spotsylvania County Public Schools is a fiscally dependent entity, therefore, the school division’s budget cycle is driven by statutory deadlines from the Commonwealth of Virginia and the County of Spotsylvania. Spotsylvania County Public Schools fiscal year is July 1 to June 30, which corresponds to the fiscal year of both the County of Spotsylvania and the Commonwealth of Virginia.