Wake Tech Asks County For Bail-Out Money
Posted April 3, 1996
RALEIGH — April 4, 1996 - 6:15 p.m. EST
Wake Technical Community College needs a $1 million bail-out in order to keep its doors open.
Wake County school trustees planned to ask county commissioners for the money Thursday.
Trustees say they've been forced to dip into a reserve fund for the last several years.
Wake County provides about $5 million of the school's annual $27 million budget.
Trustees say without more help the school will have to cut expenses, and may even have to close