2007-08 Adopted Plan - Wake County Public School System

SavingsThe Savings Section is a combination of cost savings and reductions in funding.Savings - Budget ReductionsBudget reductions are the reduction or elimination of items in the base budget.These are costs budgeted in 2006-07 that will not be needed in the budget in 2007-08.Savings - Shift Local Costs to State ResourcesThis category is a proposal to shift costs that were previously paid with local dollars to state funding.Savings - One-Time Costs from Previous YearThese cases identify one-time costs that do not recur the subsequent year.There is a savings as the one-time cost is removed from the base budget.Savings - Grants EndingThese cases are reductions in funding.State or federal grants are reaching the end of the funding cycle, and we do not expect additional funding.313 FY 2007-08 Plan for Student Success