FY27 School Operating Fund amendment — Loudoun County School Board
Meeting: 2nd Tuesday School Board Meeting, May 12, 2026 (BoardDocs Unique DT6HMP4919FD)
Source: BoardDocs Download-AgendaDetailed HTML for that meeting (no standalone amendment PDF was attached to the action item).
Also corroborated by LCPS news summary: https://www.lcps.org/article/2895686
Extracted: 2026-09-09 (America/New_York). This is an agenda excerpt, not official minutes. Do not invent figures beyond what is quoted.

Staff summary (from agenda text):
LCPS has been allocated $6.2 million as the projected state share of the cost to provide the bonus or equivalent compensation action to SOQ funded positions. However, LCPS has more robust staffing than the minimums that are funded by the SOQ and the estimated cost to provide a $1,500 bonus to all LCPS employees is approximately $21.3 million. LCPS has elected to satisfy the equivalent action requirement, in lieu of the bonus payment, based on compensation actions already included in the School Board’s FY27 Adopted Budget. In accordance with the FY26 SOQ Bonus Business Rules published by VDOE, no additional expenditures would be required to be eligible for these funds. By recognizing these funds in FY27, LCPS gains greater financial flexibility as we start the new fiscal year.

Staff recommendation / motion language (from agenda text):
Staff recommends the Loudoun County School Board increase the FY27 School Operating Fund budget by $6.2 million to recognize available state funding in support of compensation actions already approved by the School Board.

LCPS article (May 13, 2026) states the Board voted to make that increase.