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Finance staff outlines $60.1M in capital revenues, $19.9M capital outlays for FY2026–27

September 08, 2026 | Hernando, School Districts, Florida


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Finance staff outlines $60.1M in capital revenues, $19.9M capital outlays for FY2026–27
The district’s capital projects fund was a focal point during the finance presentation, which staff said will continue to support ongoing construction and maintenance projects.

Dionne Makinson, coordinator of finance, said capital revenues are estimated at $60,100,000, with a beginning fund balance of $101,900,000 and $23,000,000 assigned as carryforward for projects started in FY2025–26. “For the 20 six‑twenty 7 fiscal year, the total capital outlay appropriations are $19,900,000,” Makinson said.

Makinson also described transfers from capital funds to cover debt service, insurance, and PECO transfers to charter schools, and noted continuing projects that explain the carryforward amounts.

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