Guilford Schools budget loss could exceed $5 million
Guilford County School officials say they could lose nearly twice as much in state budget cuts as originally suspected.
School superintendents statewide were notified earlier this week they'd need to revert some state funding - about $58 million or .75 percent of the state budget - back to Raleigh as part of across-the-board cost cutting measures.
Guilford County is on the hook for $2.8 million of that amount, but school officials say that amount could climb to $5 million because of lower-than-projected student enrollment. Projected enrollment was 72,219. The school system estimates they are between 600 to 700 students below that. That could come to between $2 million and $2.3 million less for enrollment-related costs
Superintendent Maurice "Mo" Green said Tuesday night that his staff has ordered immediate hiring freezes for many vacant positions. They are also holding back about 25 percent of the money allocated to the schools for instructional supplies.
