Memphis-Shelby County Schools leaders are proposing a $1.7 billion dollar budget for the 2026-27 school year, as a new state-appointed board comes in to assume control of the district’s financial decisions.
The MSCS board is set to vote on the proposed budget, which is a reduction from last year’s $1.9 billion budget, at its May 26 meeting. The budget then goes to the Shelby County Commission for final approval. But the state takeover of the district, which would seize budget power from the local board, is waiting to be signed into law by Gov. Lee.
It’s unclear whether those nine GOP-selected members would be able to touch this year’s budget. Their terms are set to start on July 1…