One effort to cut money from the budget isn't working out totally as planned.
The school board will vote today on a request by staff to pay $300.000 in signing bonuses for teachers in hard-to-fill areas. The board had voted July 15 to eliminate the $427,000 program as part of an effort to plug a $36.2 million funding shortfall from county commissioners.
The problem, administrators say, is that some 300 new teachers had signed contracts before July 15 expecting to get the one-time $1,000 signing bonuses.
David Neter, Wake's chief business officer, said they'd pay for the bonuses out of the fund balance. He said it's an appropriate use of the rainy-day fund because it's a one-time expense.
Click here for the online story. The board voted 7-1 to pay the bonuses. Ron Margiotta, the lone dissenter, argued they should restore all $427,000.