District overview
Newport Independent School District
Funding structure, how it compares to peers, and where major projects stand.

How Newport's budget and Board decisions fit together
The FY2027 working budget balances $19.60 million in the General Fund and $28.60 million across listed annual funds, including a $3.89 million General Fund beginning balance and $1.99 million contingency. SEEK is Kentucky's attendance- and membership-driven foundation program; local taxes, federal programs and restricted grants also shape spending. FY2026 period-12 records separately provide districtwide actual fund expenditures. The reviewed sources do not provide a directly comparable per-pupil expenditure.
FY2026 ended with $15.06 million in unaudited general-fund expenditures
The period-12 report shows $18.92 million in general-fund revenue. It separately reports $4.40 million in special-revenue expenditures, $2.09 million in construction expenditures and $1.07 million in food-service expenditures.
The Board approved a $28.60 million FY2027 working budget
The September packet balances $19,596,121.94 in the General Fund and $28,600,269.62 across listed annual funds, including $1,986,994.01 in General Fund contingency. These are budgeted amounts, distinct from paid invoices and actual expenditures.
The Board adopted FY2027 property-tax rates on September 9
Approved September 9 minutes record 79 cents per $100 for real property, 86.4 cents for personal property and 99.3 cents for motor vehicles, all adopted 5-0.
Current policies cover the instructional-day phone rule and generative AI
Policy 09.4261 restricts student phone use during the instructional day with stated exceptions. Policy 08.2323 requires safe and responsible AI procedures.
Voters choose two Board members on November 3
The official Campbell County ballot lists Ramona Malone, Sylvia Covington and Benjamin A. Middendorf in a vote-for-two Newport Board contest.
The reviewed records document clean FY2025 audit opinions and no reported internal-control or federal-compliance findings, while a separate management letter identifies recurring school-activity-fund process issues.
Where the district stands
Major projects
Career and technical education renovations
BG-4 approved September 2026; BG-5 remains the next closeout stepThe September BG-4 reports $1,052,203.07 in construction cost, January 26 punch-list completion and August 14 record documents. The Board approved BG-4 and three contract adjustments on September 23; the architect letter says BG-5 follows KDE approval.
- Board minutes reported CTE work complete.
- Board approved a $33,332 contract increase.
- Board approved two material-use credits totaling $5,085.56.
- Board approved BG-4 and three contract adjustments; BG-5 remained next.
Funding
The BG-4 reports total construction cost; earlier minutes identify grant funding.
Future construction and major-renovation financing
Financing reviewed; no bond or project approval in the reviewed minutesThe Board accepted $18,431 in annual SFCC debt-service assistance. In May, its adviser modeled $9.935 million local and $1.505 million SFCC bonding capacity, but the minutes record review only and no project or bond authorization.
- Board accepted the $18,431 annual SFCC offer.
- Adviser reviewed projected $11.44 million total bonding capacity; no action was taken.
Funding
Potential local and SFCC-supported debt; no bond was approved in the reviewed period.
District-office masonry and parapet repair
Emergency $113,100 project and architect agreement approvedThe Board approved an emergency masonry quote and capital request September 9 and a $5,000 architect agreement September 23. The BG-1 budgets $94,600 construction and $18,500 other costs for a $113,100 total, funded with capital funds.
- Board approved the emergency masonry quote and capital request.
- Board approved the owner-architect agreement.
Funding
Capital Funds Request; $94,600 construction plus $18,500 other project costs.
Recent news
Based on substantive review of all 366 collected official sources: 24 Board meeting pages, 321 attachments, two current policies and 19 official meeting-caption records. One earlier attachment is an exact duplicate, leaving 365 distinct reviewed records.
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