By Richard Bammer

The California economy is slowing down, and school districts should exercise “extreme caution,” Jared Austin, executive director of Kairos Public School Vacaville Academy, said during Wednesday’s board of directors meeting.

Noting that he and two other officials from the independent charter school attended Tuesday’s annual Governor’s Budget Workshop in Sacramento, Austin said School Services of California leaders, who sponsored the workshop, advised district leaders to consider fiscal restraint during the 2017-18 budget-planning process.

“Don’t commit to anything ongoing,” requiring funding year over year, was one piece of advice, Austin noted during the meeting in the Elm Street campus’ library.

Additionally, state fiscal leaders said the new cost-of-living adjustment, or COLA, will be 1.48 percent, he said.

 

Source: Kairos exec director: State economy slowing, time for fiscal restraint