The Oak Ridge Board of Education passed the budget for the fiscal year that starts July 1 on second and final reading on Monday.
The budget includes 3 percent salary increases and a request for an additional $538,048 from the city, a 3.6 percent increase in municipal funding.
The schools budget was approved unanimously in the first of two readings on Wednesday. It passed unanimously again on Monday. The school board made no significant changes to the budget proposed by the school system.
The budget will now be considered as part of the annual budget deliberations by the Oak Ridge City Council. The city typically provides a little less than 30 percent of the school system’s funding. The schools also receive state and federal funding. [Read more…]