Anticipating revenue drop, Lynchburg-area school divisions hold on to CARES Act dollars

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Only $5 for 5 months







Buses lined up outside of E.C. Glass High School on Monday, Aug. 7, 2017.

Jay Westcott/The News & Advance

With state revenue still uncertain for the current fiscal year, some Lynchburg-area school divisions are saving some federal funds to offset any potential upcoming revenue losses.Local school divisions were awarded money through the Elementary and Secondary School Emergency Relief Fund — part of the $2 trillion federal Coronavirus Aid, Relief and Economic Security (CARES) Act, which was signed into law in late March amid the economic downturn.According to Kim Lukanich, chief financial officer for Lynchburg City Schools, LCS has not spent any of the around $2.5 million it received through the Elementary and Secondary School Emergency Relief Fund. Cindy Babb, spokesperson for LCS, said the division has until Sept. 30, 2021 to use those funds.That money can be used to purchase personal protective equipment, cleaning and sanitizing materials, supplies necessary for school operations and otherwise address the impact that COVID-19 has had, and continues to have, on elementary and secondary schools, according to the U.S. Department of Education Office of Elementary and Secondary Education.Lukanich said the division has opted to save those funds to have as a safeguard to …

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