I read about your post earlier. It is becoming similar to smaller communities to lose programs. King & Queen just didn't have enough bodies to field a team anymore. From my understanding they do have enough for a junior varsity team, but a varsity team will not be fielded for the remainder of the year.
Hatteras is similar to what Charles City is becoming; a retirement community. As an older population enters, younger families are moving away from the community. Charles City still doesn't have any type of true development nor business and it's attracting the older families.
How is this affecting the school? The same way it has for Hatteras. A perfect example is the girls' volleyball season. The program returned three years ago with promise, but after graduating 10 players from last year's team, it literally started with only four players. The coach said they kept looking for just girls' to put on the court and for a long time they had to postpone games instead of the program folding for the year. They were finally able to get nine, but there has maybe been one or two practices where all of them have been there.
Unfortunately this trend was started to be seen last year, as Charles City's softball team folded during the season. I'm afraid there may be a similar instance this year for not only girls' softball, but also co-ed soccer. That's a wait and see situation as far as spring sports, but at least two students who played those sports last year is going to play another spring sport because they want to win.
So there are issues on all sides that affect students. I could probably write a book being that I have coached and covered the community news wise for several years. It's far from over but all you can do is pray for the community, the parents, and the kids.