Via: Wral.Com
The Wake County school system needs to cut $20 million from its central services budget for the 2010-11 school year to erase a projected deficit. District officials anticipate the state will cut its funding by $8 million as part of the state budget approved in August. Meanwhile, employee retirement, hospitalization, dental insurance and local salary supplements likely will go up by $6 million. There will also be $3 million less in reserve funds to balance this year’s budget, Growth and the opening of four new schools next fall also will add to the district’s expenses. About 3,800 more student students are expected.
