Financial Transparency
Welcome to the VCS Financial Reporting and Fiscal Transparency page. On this page you will find links to all the District’s budgets and financial reports, as well as other reports, data, and information about how we allocate and utilize resources to support our educational programs and operations. In addition, we provide links to other sources of fiscal information about our schools.
Fiscal responsibility and proper stewardship of public funds are critical elements of student program support. The District’s strategic plan goal 4 ensures all resources and operational functions are efficient and aligned with the district vision and strategy.
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FOR FISCAL YEAR 2025-26
PUBLIC HEARING AND ADOPTION OF TENTATIVE MILLAGE RATES AND DISTRICT BUDGET: JULY 29, 2025
PUBLIC HEARING AND ADOPTION OF FINAL DISTRICT BUDGET: SEPTEMBER 9, 2025
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Financial Data
Graphics for School District Fiscal Transparency
Per Section 1011.035(2)(a), Florida Statutes (F.S.), fiscal data for Volusia County School District has been added below:
Department of Education has released the Florida Value Added Model (VAM), a web-based fiscal transparency tool that identifies public schools and districts with high academic achievement based on the ratio of classroom instruction expenditures to total expenditures, pursuant to section 1010.20(2)(c), Florida Statutes (F.S.). Section 101 l.035(2)(b), F.S.. This tool (link below) enables taxpayers to evaluate the financial efficiency of a school district with other similarly situated school districts.
Florida Value Added Model (VAM)
Impact Fees Summary - Fiscal Year 2013 to Fiscal Year 2022
Financial Reports
The District publishes a number of regular reports, which you can access by clicking on the links or icons below. Here is a short description of each type of document:
Annual Budget
The District publishes a Preliminary, Tentative, and Final budget each year. Each Budget outlines the anticipated revenues and appropriations for the current fiscal period (July – June 30). The schedule for the budgeting process follows the Florida Department of Revenue’s Truth In Millage (TRIM) Compliance Workbook for School Districts. The Final Annual Budget is published in early September each year.
Annual Comprehensive Financial Report
The Comprehensive AFR provides the audited financial statements along with supplemental information (such as Management’s Discussion and Analysis and multi-year statistical comparisons), which show the results of the District’s operations and changes in fund balances and financial position for the immediately preceding fiscal year. The Comprehensive AFR is typically published in November or December each year.
Annual Financial Report (AFR) Expenditures per Unweighted Full-Time Equivalent (UFTE)
This one-page report is prepared by the Florida Department of Education (FLDOE) each year to summarize the ratio of expenditures to UFTE, which is a defined measure used to represent students, for each School District in Florida. The FLDOE uses expenditure data from the District’s AFR—an annual financial report required by the FLDOE that contains much of the same information as the Comprehensive AFR, but is unaudited.
Lottery Funds Report
This special report is prepared quarterly to show how much funding is provided to the District from the Florida Lottery Fund for Education and how those funds are used.
Internal Accounts Audits
The board is required to provide for annual audits of the school internal accounts. (Chapter 8 - School Internal Funds, Financial and Program Cost Accounting and Reporting for Florida Schools - 2021 (Red Book))