Greensboro, NC-- Tuesday night at a school board meeting, Greensboro Superintendent Maurice "Mo" Green unveiled his recommended operating budget for 2012-13.
Knowing they are facing a deficit with money lost in other areas, the budget includes adjustments to absorb a $13.27 million loss in one-time federal Education Jobs funds. Board members said they are also making adjustments in anticipation of an additional $5.21 million they won't get from the state.
And if you're still doing the math, Mo Green said they expect an increase in operating cost of at least $5.05 million.
All said, Green's recommended budget of $626,541,473 includes:
- Request for an additional $9.83 million in funding from the Board of County Commissioners to help sustain operations ($5.35 million)
- A 1 percent raise for GCS employees ($4.48 million), with the exception of the superintendent. *According to school officials, this raise would be the first all GCS employees have received in at least three years.
- Green also recommended that the Board request $7 million in capital outlay appropriation from the County.
Related: GCS Superintendent 2012-13 Budget Proposal