D5 staring down budget shortfall as attendance drops.
The school district covering the Chapin and Irmo area could see a drop in state funding as early as October because of a sharp decline in its student body this school year.
Lexington-Richland 5 has clocked a decline of enrollment of at least 627 students since classes started earlier in August, compared to the same period last year.
That’s raising concerns at the district office, because the amount of funding the district receives from the state is tied to its overall enrollment. The school district’s funding for the 2025-26 school year will be locked in based on attendance on the 45th day of the school year on Oct. 9.
District staff expressed fears in the spring about how a potential drop in attendance could affect the budget for the year. At the time, board discussion pointed at the opening of a new charter school campus for Gray Collegiate Academy in the Irmo area as siphoning both students and funding from Lexington-Richland 5.
Gray Collegiate said in April that it expected to have 600 students enrolled at its Irmo school this school year, about the same number as Lexington-Richland 5 reports being down at the start of the year. As of that time, the school district served around 17,000 students in total.
The post D5 staring down budget shortfall as attendance drops. appeared first on Nathan Ballentine.
Source: https://nathansnews.com/2025/08/d5-staring-down-budget-shortfall-as-attendance-drops/
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