Atlanta Public Schools Superintendent Erroll Davis said the system is planning to pull about $10 million from savings to fill budget holes next year, compared to $36 million this year. (Photo Courtesy of ywell via stock.xchng.)
The school district Monday announced its plans for a $565.8 million budget for the 2012-2013 school year.
Superintendent Erroll Davis said the goal is to reduce the district's reliance on its savings account. The system is planning to pull about $10 million from savings to fill budget holes next year, compared to $36 million this year.
Next year's budget includes about $700,000 to cover legal fees related to the cheating scandal.
Chuck Burbridge, the system's chief financial officer, said officials must bring the budget into balance.
