A summary of the 2016-17 budget was presented during a public hearing on Aug. 9. Following the public hearing, the Board of Directors resumed the regular Board meeting and adopted Resolution No. 769 approving the fiscal budget for the 2016-17 school year.
Brett Blechschmidt, chief fiscal officer, presented a summary of the final budget. Total budget revenues (discretionary and designated categories) are $329.6 million. Of that, approximately 86 percent are general fund resources. This year, the general fund is set up to provide reserves for upcoming expenditures including lease expenses for portable classrooms. This budget also includes additional funding from the state for full-day kindergarten and the K-3 smaller-class-size initiative.
“The budget shows that we have been good stewards of the [taxpayers’] money to have the reserves so we can meet obligations that will come up,” said Board Director Rosemary Fryer.
“This budget reflects the priority the district places on student learning,” said Board Vice President Michelle Giovannozzi.