News
A Basic Guide to the School System’s Budget
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The Wake County school system is a $1.4 billion per year business. The Record explains where the money comes from and where the money gets spent.
Raleigh Public Record (https://theraleighcommons.org/raleighpublicrecord/tag/budget/page/3/)
The Wake County school system is a $1.4 billion per year business. The Record explains where the money comes from and where the money gets spent.
The proposed county budget for next year doesn’t include any property tax increases, and includes increased spending in education and public safety. But 86 positions will be cut.
The city manager presented the proposed budget for the 2012-2013 fiscal year to Raleigh councilors Monday. It includes no property tax increases and some hiring despite the continuously bleak economy.
City councilors agreed Tuesday to allocate $50,000 for an open-source data catalog in next year’s budget.
With revenues still low, Raleigh continues to cut back while attempting to maintain current services.
The recession continues to have a large impact on the creation of the city budget, but city officials say it’s too soon to tell what type of impact the ailing economy will have on this year’s plan.
Wake County Commissioners approved the $952.1 million budget Monday for the 2011-12 fiscal year. Commissioners also approved the appointment of City Councilor Erv Portman to the District 4 seat vacated by Stan Norwalk.
Wake County Commissioners and school board members played a little power tug-of-war last week over the spending of county dollars in education. Commissioners voted last year to request a “purpose and function” breakdown of the school system’s 2011-12 budget. But when school officials made their formal appropriation request to Commissioners in mid-May, they asked for the budget in a lump sum.
This year’s proposed Capital Improvement Program focuses on repairs instead of replacements in six departments. City officials say it’s better to maintain existing infrastructure instead of building new while the economy is still on the mend. The City Council will approve the CIP as part of its total budget by the new fiscal year start July 1.
Teacher assistants in the Wake County Public School System could see their contracts diminished from 10 months to 9.25 months if education funding is reduced to the levels in the current state budget proposal. The budget, now waiting for Gov. Bev Perdue’s signature or veto, cuts education funding by 6 percent. The budget approved by the Wake County Board of Education in May assumes a 5 percent cut in state money.