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(WBIR) Knox County Schools Superintendent Dr. Jim McIntyre will propose his budget to the Board of Education tonight.

McIntyre is recommending more than $430 million for the 2015 budget, which is a three percent increase from last year. He said his top two priorities are teacher compensation and the Career Magnet Academy at Pellissippi State. McIntyre said he's asking for $3.3 million to boost teachers' salaries, along with $2 million to invest in the Career Magnet Academy.

His budget also incorporates budget saving areas, including some custodial positions, the central office budget, after-school tutoring option, and assistant principal contracts at two schools.

McIntyre said the district is working on a new five-year strategic plan. In a memo to the board, McIntyre said future investments may require some tradeoffs. The district will have less money coming in from the federal government because the Teacher Initiative Fund, which is a federal grant, will end soon.

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