Here are some of the quick highlights from the $1.3 billion operating budget that interim Wake County Schools Superintendent Stephen Gainey presented today.
Gainey is asking county commissioners for an $8.3 million increase. Gainey is also proposing that the school board waive policy to allow the district to use $28.7 million of the $32.7 million in the fund balance to balance the budget.
School staff say they can use the $8.3 million in additional county dollars for things such as:
* $3.1 million to hire more fourth- and fifth-grade teachers to reduce class sizes.
* $1.4 million in extra magnet school funding for new and existing schools,
* $773,941 for the first year of a four-year program to phase in the hiring of a part-time technology facilitator to work at every school,
* $749.834 for teachers to attend workshops for training in the new common core curriculum being used statewide in math and reading.
School administrators are also warning that Wake could potentially be hit by $11 million in federal sequestration cuts that would largely impact Title I and special-education students. Those cuts aren't factored into the budget yet but are listed as footnotes to show what could happen.
Click here to view the budget proposal.