2007-08 Adopted Plan - Wake County Public School System

Budget ProcessBudget ProcessBudget development is a year-round process, beginning in the fall andculminating with the adoption of the budget resolution in June by the WakeCounty Board of Education. Participation in the process of developmentincludes input from schools and central services departments, as wellas other stakeholders. The process of budget development has beenfocused by our efforts to have 95 percent of students at or above gradelevel.The superintendent’s strategy team develops the Plan for StudentSuccess to be delivered to the board of education. Following review, apublic hearing, and action, the board approves a Plan for Student Successto be delivered to the Wake County Board of Commissioners by May 15.The budget is adopted following action by the board of commissioners.Several drivers played an important role in the development of the 2007-08 budget for our school system.Salary and Benefi t Issues: Estimated salary and benefi t changes areincluded. Actual changes will be determined by the General Assembly.New Programs and Increases to Existing Programs: Dollars are includedfor new programs and increases to existing programs primarily foremployee pay issues.Savings: The base budget was reduced for one-time costs and savingsfrom the previous year.Revenue Adjustments: Fines and forfeitures, interest, indirect cost,tuition, red light camera fi nes, and parking fees were adjusted based onhistorical actual data and projected activity for the future. Fund balancewas appropriated to support the subsequent year budget.The General Assembly was not in session yet and planning allotmentshad not been released by North Carolina Department of PublicInstruction (NCDPI) when this budget was prepared. The state budgetin this document was built by applying existing state funding formulasto projected student counts. Federal dollars are estimates and will beadjusted as actual awards are received.Growth: Costs were included to accomodate over 8,000 additionalstudents, five new schools, 929,700 additional square feet, and 86additional acres. Costs were included for the remaining two small schoolson the East Wake campus and closing East Wake High School.Systemwide: Costs were included for additional resources to maintainfi scal accountability, facility leases, safety and security, fi xed assetreplacement, and to accommodate rate increases.Board of Education Commitments: Costs were included for theconversion of nineteen elementary schools and three middle schoolsfrom traditional calendar to year-round calendar. Costs were included forthe conversion of 1,986,599 square feet from traditional calendar to yearroundusage. Dollars were included for the fi nal year of the East WakeHigh Whole School conversion, and for additional extra duty paymentsfor high school band and strings teachers.10