SUSD Live — Budget update

Item 4.1 tonight is a presentation on the district’s budget and how it will be affected if Gov. Jerry Brown’s Prop. 30 tax initiative is defeated by voters on Election Day — six weeks from today.

Here’s a draft of a district PowerPoint on the subject.

Superintendent Steve Lowder warned that the district could become “insolvent” by the end of 2013-14 if Prop. 30 fails. He said the financial conditions of the state have prevented the district from rewarding its hard-working employees. Martin discussed a final version of the PowerPoint that was not markedly different from the draft.

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