By John Glidden
Fiscal uncertainty continues for the Vallejo City Unified School District.
The Vallejo school board will hold a public hearing Wednesday night on its tentative 2018-19 fiscal year budget and the news isn’t good.
According to the budget’s executive summary, during the upcoming fiscal year, which begins on July 1, the district is projecting that it will be able to meet its current fiscal obligations.
“During 2019-20, the district estimates that the General Fund is projected to deficit spend by $8.2 million resulting in an unrestricted ending General Fund balance of approximately $3.5 million — $1.3 million short of making the state required minimum 3 percent reserve for economic uncertainty,” according to the same summary. “During 2020-21, the district estimates that the General Fund is projected to deficit spend by $11 million resulting in an unrestricted ending General Fund balance of -$7.5 million (about) $12.4 million short of making the state required minimum 3 percent reserve for economic uncertainty and $13.1 million short of making the District Board reserve of 3.5 percent.”