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Tuesday, May 1, 2012 - 7:00am

Atlanta Schools Plan 350 Job Cuts

Atlanta Public Schools plans to shed 350 positions next year and order two employee furlough days as it attempts to cut about $47 million from its budget.

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.