By Rachel Raskin-Zrihen
With millions of Measure S dollars in the bank, the Vallejo City Unified School District must still find a way to cut millions from its budget, it was learned at Wednesday’s school board meeting.
At the meeting, trustees learned both that the first sale of Measure S bonds, which will help pay for facilities repairs and upgrades, went better than expected and will cost slightly less per taxpayer to repay, but also that projected enrollment declines are expected to wreak havoc on the district’s budget.
Nearly $39 million came in from the bond sale – some $600,000 more than expected — and is in the bank and ready to use. The next bond sale should happen in 2021.