Wake County school board to discuss impact of state budget
08/05/2014 6:00 AM
08/04/2014 7:10 PM
Wake County school board members will find out today how much the new $21.2 billion state budget will impact the district’s budget.
The big item will be how much the state’s average 7 percent pay raise for teachers will cost Wake in local dollars. Wake’s local salary supplement is based on a percentage of the state pay so the amount goes up whenever the state raises the base pay.
Wake could have to reallocate money from the $10.2 million expansion budget to pay for the pay raises. This means potentially eliminating or scaling back new programs that would go for things like hiring more literacy coaches and funding for high-poverty schools.
The school board had previously discussed how the earlier versions of the state budget being proposed by Gov. Pat McCrory, the House and the Senate could result in a local budget shortfall of $11.1 million to $14.9 million.
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