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Commissioners Approve School Funding for FY2019

Jun 12, 2018

The Cumberland County Board of Commissioners agreed unanimously to appropriate $80,150,000 to Cumberland County Schools for current expense funding for Fiscal Year 2019 during a special joint meeting with the Board of Education on June 11.

 

The amount is an increase of $686,891 above the $79,463,109 the commissioners approved on June 4 in the Fiscal Year 2019 Budget. The Board of Education had requested $85,884,000 in local current expense funding.

 

The meeting was held pursuant to N.C. General Statute 115C-431 - Procedure for resolution of dispute between board of education and board of county commissioners. Retired Chief District Court Judge Elizabeth Keever served as the mediator.

 

The commissioners also agreed pay the schools 25 percent of any actual revenues collected above the budgeted ad valorem tax revenues for Fiscal Year 2018.

 

In addition to the $80,150,000 appropriation, the County is also providing $1,315,299 for school nurses; $2,422,025 for School Resource Officers and $865,093 for Crossing Guards for a total of $84,752,417 of local county dollars for current expenses in  FY2019.

 

“I am glad we were able to reach an agreement for this coming fiscal year and can now move on. It is our hope that both boards will once again develop a multi-year funding agreement and we look forward to having those conversations with our new school superintendent,” said Board of Commissioners Chairman Larry Lancaster.