The Oak Ridge Board of Education on Monday adopted a budget that will ask the Oak Ridge City Council for more money for a 2.5 percent salary increase for teachers and staff members.
The total amount needed to fund the 2.5 percent salary increase is $855,810, after about $98,000 worth of budget adjustments.
Most of the money for the salary increase could be available if the City of Oak Ridge agrees to continue putting into the budget $538,046 worth of funding that was given to the school system last year on a one-time basis to help pay for a digital device initiative that includes convertible laptops for students, among other expenses. In other words, the school board will ask the city to make that $538,046 a recurring source of funding, as opposed to non-recurring (one-time) money.
The school board will then ask for an additional $317,764 on top of the $538,046, or $855,810 total.
The budget passed on a second and final reading on Monday in a 5-0 voice vote with no opposition. [Read more…]