Unexpected state funding could mean $4M extra for Wake schools
A state budget proposal being considered in North Carolina House Tuesday could provide $8.4 million in unexpected funding for the Wake County Public School System, creating a $4 million surplus for the district.
Posted — UpdatedState lawmakers have tentatively decided to cancel some reductions in education funding, which the school system had planned for when it approved a $1.25 billion budget last month.
House and Senate budget writers are expected to finalize a budget deal Tuesday night. A vote is expected Thursday.
The school district's approved budget, which might have to be tweaked once the state budget is finalized, counted on $8.8 million in additional funding from the Wake County Board of Commissioners.
The school board must adopt a final balanced budget no later than June 30.
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