Board of Education Moves Budget Request to County Commission
May 10, 2022 - After a public hearing and discussion by members of the Guilford County Board of Education, the district’s proposed 2022-23 budget request now moves forward for consideration by the Guilford County Board of Commissioners.
Citing the need to increase compensation to be competitive with local districts, Guilford County Schools’ proposed budget includes $18.75 million in new funding from County Commissioners to support the following compensation initiatives:
$10 million to increase the local teacher supplement;
$5.5 million to adjust salaries based on the initial results of a classified staff salary study; and
$3.25 million to improve local principal and assistant principal salary supplements.
A recent report from the National Education Association shows that while North Carolina’s teacher salaries have improved recently, the state still ranks near the bottom for teacher pay across the nation.
The proposed budget also includes the $8.5 million increase in funding needed to sustain current service levels by matching state-mandated pay and benefit-cost increases for locally paid teachers, principals and support staff that were included in the legislature’s biennium budget. The increased funding would also pay for higher costs for utilities and liability insurance. In addition, $3.36 million in new local funding will be needed to pay for anticipated increases in charter school enrollment.
To help offset these costs, district leadership has identified savings of $1.56 million, resulting in a recommended net increase of $25.7 million in local funding from the Board of County Commissioners. In addition, the budget recommendation includes $10 million in capital outlay funds for deferred maintenance projects including HVAC upgrades, roof repairs, outdoor lighting, and safety and security improvements.
If funded by county commissioners, Guilford County Schools’ operating budget for the 2022-2023 school year would be $1.007 billion, excluding capital outlay. Local funding would account for 25.3% of GCS’ proposed operating budget, while state and federal funding would contribute 46.2% and 28.5%, respectively.
The Board of County Commissioners will discuss the budget request and vote on funding in June.