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Answer Man...Revenue Review
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So, just where does the school system get its money? After all, the operating budget is over a BILLION dollars! Who foots the bill?
That's a terrific question, but it can become a complex answer. Fortunately, I'm not a complex man, so I think I can decipher it in a way that's easy to understand.
There are four categories of revenue applied to the WCPSS operating budget: State, Local, Federal and Other. Many people seem to think the Federal government would be the largest supplier of funds. Not true. Check out the list below:
State of North Carolina 61%
Wake County Appropriations 27%
Federal 6%
Other (fines, forfeitures, enterprise, etc.) 6%
Together they supply $1,242,461,654 in revenue, which makes up our operations budget request for the 2008-2009 school year.
Posted by Jeff Nash, the Answer Man at 4:18 PM on March 13, 2008 | Leave Feedback
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