2007-08 Adopted Plan - Wake County Public School System

Growth RequestsInitiative: Graduation and rehearsal facilities for the high schools in the school districtCurrent Funding Formula:Currently the school system rents the facilities for rehearsals andgraduations for each high school in the district, except Longview HighSchool, which has its graduation on the Longview campus. Since thenew Civic Center will not be available until the summer of 2008, differentlocations must be secured for graduation 2008. Plans are being made toreturn to the new Civic Center for the 2009 graduation. The exact rentalcosts are not known at this time. Adjustments will be made for the 2008and 2009 graduation costs estimates when exact costs are available.Implementation Timeline & Budget Needed:Since graduation is held in June, the invoice is usually not received orpaid until after July 1. Therefore, graduation 2007 will be paid from the2007-08 budget, and graduations 2008 and 2009 will be paid from the2008-09 and 2009-10 budget respectively. A 10 percent increase isprojected each year for the cost of graduation 2007 and 2008 with a 20percent increase projected for graduation 2009, which will be the yearthe new Civic Center will be used. Therefore, the projected increase willbe $7,129, $7,842, and $17,253, respectively, for the next three years.YearPercentIncreaseAmountCode2007-08 10% $ 7,129 02.6330.801.311.0378.08062008-09 10% $ 7,842 02.6330.801.311.0378.08062009-10 20% $ 17,253 02.6330.801.311.0378.0806167 FY 2007-08 Plan for Student Success