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Denver Schools Plans To Spend More Money

DENVER (CBS4) - At a time when many school districts are facing major budget cuts, Denver is planning to spend more money in the classroom.

Denver Public Schools Superintendent Tom Boasberg says the district is expecting $15 million to $20 million in cuts from the state for the 2011-2012 school year. However, he is proposing a 2.3 percent increase on individual school spending.

The money comes from record enrollment, cuts to central support programs, savings from pension financing and $80 million from public and private grants.

"It's a wonderful position to be in. This has been a time where many districts have been going through layoffs and furloughs," Boasberg said. "It's really nice to be in a position to be hiring. We'll be in a position to be hiring hundreds of new teachers next year."

If approved by the board the money will provide additional funding for students in poverty, preschoolers, kindergartners as well as gifted and talented programs.

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