Board Of Education Approves $2.4 Billion Budget

The State Board of Education on Thursday approved a budget of $2.4 billion for common education in fiscal year 2013. That's a $157.9 million increase over fiscal year 2012.

“We're getting back to FY 11 numbers. We were cut $100 million,” Superintendent Janet Barresi said. “To sum it up as Will Rogers said, ‘It takes you longer to climb out of a hole than it does to fall into one,' so we're going to start climbing back up.”

Included in the budget is about $16 million to reinstate $5,000 bonuses given every year to teachers who have achieved National Board Certification. The bonuses were suspended for fiscal year 2012 due to budget cuts.

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