Today, the N&O reported that the Wake County Schools will ask county commissioners to approve a $30 million budget increase to “keep up with record enrollment growth and state-set increases in salaries and benefits.”
What they are not reporting is that Wake County will receive funding for 237 K-3 teaching positions at the 2006-2007 state average salary of $50,626. The estimated $12 million will come from lottery revenue set aside for reducing class sizes.
Statewide, lottery revenue for class size reductions will pay for 2,525 positions at a cost of nearly $128 million. CMS will receive funds for the most position allotments, 244. On the low end, Hyde County Schools will receive funds for less than one position.
