CFO Wayne Martin gave a budget presentation at last night’s board meeting. The 2012-13 budget has to be finalized by month’s end. Martin’s report was not uplifting.
He said the state deficit is projected to be $15.7 billion. Passage by voters in November of a tax initiative would mean “flat” funding for schools. Failure of the initiative would mean a cut of $441 a student — about $15 million for SUSD.
Gov. Brown has authorized a possible 15-day reduction to the school year over the next two years — eight days in 2012-13 and seven in 2013-14. This in addition to the already existing allowable cut from 180 to 175 days.