2007-08 Adopted Plan - Wake County Public School System

Budget HighlightsWhere are Funds Spent?Operating Budget11%$ 1,156,844,1776%1%0%State Public School FundState allotments are funded on a formula basis. The state funds schoolswith three basic types of allotments: position allotments, dollar allotments,and categorical allotments. Due to our phenomenal student enrollmentgrowth, the state budget is expected to increase by nine percent in 2007-08.Ninety-four percent of state funding is spent on salaries and employeebenefi ts. We anticipate 8,045.66 new months of employment based ongrowth in student projections:82%Salaries and Benefits $946,276,282 Purchased Services $124,804,372Supplies and Materials $69,510,870 Transfers to Charter Schools $10,025,007Capital Outlay $6,227,646ReferencePages3,806.00 Classroom Teacher months 1391,108.00 Teacher Assistant months 140937.00 Special Education Teacher months 183440.00 School-Based Clerical months 144374.00 Bus Driver months 222230.00 Career-Technical Education months 171226.00Special Education Teacher Assistants andTransition Facilitator months185212.00 Counselor months 187, 280141.00 Assistant Principal months 14286.00 Academically Gifted months 17279.00 Psychologist months190, 279,30077.00 Media Specialist months 173, 27672.00 Principal months147,288-29272.00 Bus Mechanic months 23065.00 English As A Second Language months 17463.66 Social Worker months 191, 27822.00 In-School Suspension Teacher months 177, 27712.00 Early Hire Principal months 155-15712.00 Bus Operations Team Leader 232, 25411.00 Transition Counselor months 196The state portion of this budget was based upon applying 2006-07formulas to 2007-08 projected student membership. North CarolinaDepartment of Public Instruction (NCDPI) released planning allotmentson February 13, 2007, after this budget had been prepared. Budgetadjustments required due to action of the General Assembly will beincorporated after the state budget is fi nalized. The impact of theseitems will be recorded in the school system’s budget and will be reportedto the board in the fi rst quarter of 2007-08.12