The Buffalo School Board is scheduled to vote tonight on a proposed $806.6 million general fund budget for next school year. The board is also slated to adopt a $115.0 million grants budget, which would bring educational spending to $921.6 million.
The budget, buoyed by additional state funding, is expected in grow the number of full-time staff in schools, including 25 additional teachers. A savings of $7.4 million would result from restructuring the special education staff.
The district had originally hoped to save money by offering a retirement incentive that would give teachers a one-time $5,000 bonus, plus $7,500 or $15,000 a year to withdraw from the district’s health insurance plan and put any of those dollars toward the independent purchase of a single or family health plan until age 65. After that, retirees could participate in the district’s Medicare Advantage Plan at no cost to them. That incentive will no longer be offered because of lack of union agreement.
The School Board will meet at 5:30 p.m. in the auditorium of the Buffalo Academy of Visual and Performing Arts, at Masten Avenue and East Ferry Street.