Fayettevill School Board Approves Mid-Year Budget Revision
Posted: February 28, 2014 at 5 a.m.
FAYETTEVILLE -- A mid-year revision using reserve money to balance the budget, was approved Thursday by the School Board with little discussion.
At A Glance
A total of 86 administrators, teachers and support personnel have accepted the School District’s offer of early retirement, Greg Mones, human resources director, told the School Board Thursday. The savings to the district is projected at $6.9 million over the next eight years if the district hires only 90 percent of the retiring 55 teachers and 24 support employees and all seven administrators who have accepted the buyout.
Source: Staff Report
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