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District Handles Budget Shock Without Bailout | Wilmington News
New Hanover County Schools dodged a financial bullet—no county bailout needed—after a surprise $2 million state budget hit, thanks to smart cost-cutting moves. The real pain? A steep jump in the state’s retirement contribution rate to 26.10%, busting their planned 25.67%. Superintendent Dr. Christopher Barnes says they’re ready. And hey, there’s a silver lining: an $885,495 boost for Pre-K will help schools stretch Title I funds amid rising staff costs. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…
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