2018-19 Board of Education's Proposed Budget
The 2018-19 school year will be a financially challenging one for the Wake County Public School System.
School districts in North Carolina have no taxing authority. They rely heavily on the state for much of their funding. But in recent years lawmakers have shifted additional costs to local taxpayers and reduced budget flexibility. Our County Commissioners have worked to address those changes, but the school district has still struggled to maintain services.
As a result, we must make serious and difficult decisions to close the funding gap this coming year. The school board will consider a range of options, including staff reassignments, across-the-board cuts and fewer adults in the schools.
April 17, 2018School board members held a work session where they publicly questioned and debated the superintendent’s budget proposal.April 17, 2018The Board of Education held a public hearing about the budget. Comments at the hearing were used by the board before making final decisions.May 1, 2018Board members approved their formal request to Wake County Commissioners of $58.9 million in additional local funding.June 1, 2018NC lawmakers approved a state budget that added $10 million in local costs to the school district's 2018-2019 expenses. This increased the need for local funding to $68.9 million.June 6, 2018Commissioners approved $45 million in additional local funding. However, $2 million of the funding must be spent on new counselors. It cannot be spent on maintaining current operations.June 19, 2018School board members agreed to delay the hiring of new teachers while decisions are made regarding the district's options to close the funding gap of about $25 million. An interim budget was approved for the start of the new fiscal year on July 1.July 10, 2018School board members are scheduled to vote on budget changes and program reductions to balance the 2018-2019 budget.