In another attempt at over-sensationalizing the news (and completely blowing things out of proportion), WRAL’s story on the first day of traditional calendar classes in Wake County reads: “Students return to cash-strapped schools.”
We’ve all heard about the budget cuts, but “cash strapped” is just not accurate and completely off-base.
The WCPSS 2009-2010 budget (p. 15) is $1.7 billion, of which $1.24 billion is daily operations, the rest is capital costs.
The budget cuts resulted in a net loss to the county of $35 million — less than 3% loss of the daily operations budget.
While that may can be called a cut or reduction or whatever term you want to call it, cash strapped is certainly not it. Wake County is still going to be spending in excess of $1.2 billion on public eduction this year.
Only in WRAL’s hyper-sensationalized world can that be considered “cash strapped.”