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Memphis-Shelby County Schools Approves $1.95 Billion Budget

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News Summary

The Memphis-Shelby County Schools Board has unanimously approved a $1.95 billion budget for the upcoming school year, focusing on improving student outcomes and community trust. This budget allocates significant resources for teacher salaries, facility upgrades, and critical literacy initiatives. With community feedback driving its priorities, the budget aims to tackle challenges such as teacher shortages and student support. Provisions for potential growth and diverse funding sources reflect the district’s commitment to enhancing educational quality.

MEMPHIS – The Memphis-Shelby County Schools (MSCS) Board has unanimously approved a $1.95 billion budget for the upcoming school year, marking a significant step towards improving student outcomes and rebuilding public trust within the community. The decision was finalized on June 11, with district leaders emphasizing the necessity of this budget in addressing pressing educational challenges.

The newly approved budget prominently prioritizes investments in facility upgrades, teacher resources, transportation, and critical literacy initiatives. MSCS board members highlighted the budget’s community-based approach, reflecting the priorities identified through board discussions and community feedback.

Key highlights of the budget include:

  • $73 million allocated to increase teacher salaries, aimed at retaining and developing a qualified teaching staff. The budget seeks to address the shortage of educators, with approximately 1,300 unlicensed teachers and another 250 completing their credentials.
  • A new position dedicated to student support will tackle issues such as homelessness, chronic absenteeism, and mental health challenges faced by students.
  • $29.4 million earmarked for expanding coverage of specialized education assistants specifically for third-grade students.
  • Investments of nearly $18 million in music and arts education, including $7 million for acquiring new instruments.
  • Significant funding is also allocated for major construction projects, including a new Frayser High School and a new high school in the East Region.

In terms of system-wide enhancements, one of the foremost priorities is to enhance the district’s literacy programs, alongside expanding art classes and initiatives in STEM education. The MSCS Board has recognized that investing in both educational staff and resources is vital for fostering better learning environments for students.

This budget has room for potential growth, with projections indicating that it may exceed $2 billion over the course of the year, depending on emerging needs. The MSCS Board has also made provisions for amendments until June 30, just ahead of the final presentation to the Shelby County Commission for official approval.

Funding sources for the budget are diverse, with approximately 45% expected to come from state government support, totaling over $888 million. The local Shelby County will contribute more than $650 million, while the City of Memphis is responsible for $1.3 million in funding. Additionally, federal subsidies are anticipated to add $377 million to this budget, further supporting various expenditures related to day-to-day operations, food services, transportation, and charter school developments.

Overall, this comprehensive budget underscores MSCS’s commitment to enhancing educational quality and community trust. The incorporation of funds for facility and infrastructure improvements aligns with broader objectives to provide a conducive learning environment for all students in the district.

Deeper Dive: News & Info About This Topic

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Additional Resources

HERE Memphis
Author: HERE Memphis

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