Miami-Dade School Board finalizes budget

MIAMI (WSVN) -- The Miami-Dade School Board finalized a $2.7 billion budget that Superintendent Alberto Carvalho called "best in class."

Wednesday night, the school board closed a $60 million gap without cutting teachers or electives. "It protects students, it protects elective programs, it protects transportation services for students," said Carvalho. "It expands parental choice, launching 36 new magnet programs, and it respects the tax payer. In fact, it reduces the tax rate."

No teachers will be laid off as a result of the new budget. The superintendent said the next priority is a $1.2 billion bond referendum that would finance school renovations across Miami-Dade.

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