Some people who own a lot of undeveloped land enjoy generous tax breaks, and that means less money to the county.
Second, the county has a revenue-sharing obligation to Charlottesville that forces it to hand over cash to the city.
“The good news is that our county is economically doing great - the property values, the retail taxes, personal income all went up - the bad news is it looks like we're much more able to pay for schools and the state's contribution is therefore going to go down,” says Kate Acuff, the school board chair of ACPS.
School officials say 70 percent of the revenue the school receives comes from the county, while 27 percent comes from the state, and less than 2 percent from the federal government.
The school board has not yet received the report for local revenue, but the first step in the budget will take place on Thursday, January 18, when the school superintendent presents a funding request to the school board.