The Wake County Board of Education has adopted a budget proposal for the 2013-14 school year. The proposal includes a request for an increase of $8.3 million in local revenue. The total county appropriation request is just over $326.6 million dollars. The proposal now goes before the Wake County Board of Commissioners for consideration.
The budget proposal also includes an appropriation of $28.7 million from the school system’s own fund balance, essentially a savings account generally reserved for “rainy day” expenses.
Wake County provides approximately 25 percent of the school system’s revenue. When all sources of funding are combined, the school system’s total operating budget is approximately $1.3 billion, including an estimated 60 percent from the state of North Carolina; nine percent from federal sources; and six percent from other local sources, such as fines and forfeitures.
Key trends that drive the request for increased funding include the following:
• Growth in the student population by approximately 3,000
• Expansion of the Magnet program
• The opening of one new school, Rolesville High
• Training for teachers in the adopted Common Core curriculum
• A modest change in our teacher formula reducing some class sizes
• Funding to phase in Technology Facilitators in our schools
• Potential small salary increases and employer benefit increases
The proposed local budget includes $218,478 to support the creation of an Office of Equity and Diversity, which would be staffed by an assistant superintendent and a secretary. This assistant superintendent would be expected to work closely with the yet-to-be-named new superintendent in defining a vision and scope of responsibility for the office.
At the state level, North Carolina’s public school budget has not yet been approved by the N.C. General Assembly. Governor Pat McCrory’s spending proposal requested support for enough teachers to accommodate growth in the state’s student population; however, funding would be cut for teacher assistants at grades 2 and 3. If approved, the state cuts could result in the elimination of as many as 400 teacher assistant positions in Wake County.
The Wake County Board of Commissioners is expected to decide on the county appropriation part of the school system’s budget before the deadline of June 30, 2013.