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The Fairfax County School Board has adopted the Fairfax County Public Schools 2013-14 school year (FY 2014) Approved Budget of $2.5 billion, which includes compensation increases for employees and funds the final phase-in of mandated employee contributions to the Virginia Retirement System (VRS). The FY 2014 budget includes nearly 300 additional positions to address membership growth—projected to be 184,625 in FY 2014, an increase of 3,089 students—and student demographic changes, and is a 1.1 percent increase over the FY 2013 Approved Budget.
FCPS budget documents have received awards from both the Association of School Business Officials International (ASBO) and the Government Finance Officers Association (GFOA). In fact, FCPS was the first organization in Virginia to receive both of these awards.
September 19, 2013