2007-08 Adopted Plan - Wake County Public School System

Budget HighlightsThe multiple enterprise funding budget for 2007-08 is $56,606,717an increase of $4,286,733 or eight percent from 2006-07. The budgetincludes $43,444,265 for the Child Nutrition program and $13,162,452 intuition and fee-supported programs.Child Nutrition Services is projecting 6.3 percent average annual growthin revenues and expenses through fi scal year 2008-09. When thisoccurs, existing 10 Months of Employment (MOE) positions change to12 MOE and new positions do not need to be created. This saves asignifi cant percentage in labor costs. Year-round schools also generaterevenue 12 months per year to offset labor and benefi ts paid duringsummer months when there is no revenue at traditional schools to coverbenefi ts paid out in June and July. At this time, CNS is assuming allnew elementary schools will be opened on the year-round calendar.An area supervisor and training specialist will be added to CNS centralstaff for each additional 15 schools. A clerical position will be addedfor processing lunch applications and another central staff position fortechnology.Breakfast and lunch prices remained the same. The meal prices arecomparable to the other large school systems in North Carolina.BREAKFAST 2005-06 2006-07 2007-08 Inc./Dec.Student Full-Paid K-5 $0.80 $0.80 $0.80 $0.00Student Full-Paid 6-8 $1.00 $1.00 $1.00 $0.00Student Full-Paid 9-12 N/A N/A N/A N/AStudent Reduced $0.30 $0.30 $0.30 $0.00Adult A la carte A la carte A la carte N/ALUNCH 2005-06 2006-07 2007-08 Inc./ Dec.Student Full-Paid K-5 $1.75 $1.75 $1.75 $0.00Student Full-Paid 6-8 $2.00 $2.00 $2.00 $0.00Student Full-Paid 9-12 $2.00 $2.00 $2.00 $0.00Student Reduced $0.40 $0.40 $0.40 $0.00Adult A la carte A la carte A la carte N/AMultiple Enterprise Months of Employment ComparisonFY2005-06FY2006-07FY2007-08Increase/DecreasePercentAdministration 210.00 240.00 240.00 0.00 0%Professional 25.00 25.00 25.00 0.00 0%EducatorProfessional 12.00 12.00 12.00 0.00 0%- OtherTechnical 94.00 232.00 232.00 0.00 0%Offi ce/Clerical 126.00 138.00 174.00 36.00 26%Crafts/Trades 990.00 1,022.00 1,090.00 68.00 7%Other 6,075.70 6,280.00 6602.00 322.00 5%Total 7,532.70 7,949.00 8,375.00 426.00 5%Budget 2007-08 $56,606,717Budget 2006-07 $52,319,984Increase $4,286,733Capital Outlay FundThe capital budget for 2007-08 totals $638,118,628. The budgetincludes $632,903,517 in building program funds, $3,779,301 countyappropriation, $1,285,810 fund balance appropriation and $150,000interest earned.Developing the budget based on the school board’s Goal 2008 requiresfocusing on classroom improvements and coordinating the needs ofseveral departments. WCPSS staff and support personnel provide theservices to enhance the education of our children.The capital budget contains two parts: 1) the capital building fund; and 2)the operating budget capital outlay fund.Capital Building Fund: Enrollment in Wake County Public School System(WCPSS) is expected to grow by 42,000 students by the 2010-11 schoolyear--an increase of 35 percent over the 2005-06 school year. This21 FY 2007-08 Plan for Student Success