Source: Bluegrass Institute
by Richard G Innes
“By now, a Lexington resident would have to be a recluse to not know that the area’s public school system is facing major financial problems. Coverage of issues like a $16 million budget shortfall and a contingency fund that might be only around $15 to $22 million — not the supposed $42 million — has gotten just about everyone’s attention. … One can only wonder what is going on when the district’s new, chief interim financial officer admits the district grossly overestimated revenue from property, motor vehicle and occupational taxes. Things got more odiferous when the Herald-Leader reported ‘Emails show suspended FCPS budget director warned of needed cuts’ after former district Budget director Ann Sampson-Grimes’[s] lawsuit broke. The suit alleges she was improperly removed from her position after trying to inform district leadership about serious budget issues.” (06/11/26)