The budget proposed for Oak Ridge Schools for the fiscal year that starts July 1 includes 3 percent salary increases and a request for an additional $538,048 from the city. As proposed, the budget also includes the reduction of the full-time equivalent of four teachers and an increase in five technology positions.
The budget was presented to the Oak Ridge Board of Education on Tuesday. The board has a work session to discuss the Fiscal Year 2017 budget at 5:30 p.m. today (Thursday, May 12) and a work session to review the budget line by line at 5:30 p.m. Monday, May 16.
If implemented as proposed, the budget would ask the city for a 3.6 percent increase in funding. It would also include experience-based pay increases known as step increases for staff.
It would include money to fund a 6.2 percent increase in health insurance rates and another 10 percent for dental insurance. [Read more…]