School district schedules special meet for budget priorities – Daily Republic

By Susan Winlow

A special study session will occur Tuesday to review the governor’s proposals for the 2015-16 school year and what it all means for the Fairfield-Suisun School District.

District reports tout the budget as a “good state budget for public education” and “a positive year for education,” which for Fairfield-Suisun means projected Local Control Funding Formula revenue of nearly $162.9 million for 2015-16.

The improved economy has boosted the Proposition 98 minimum funding guarantee.

Proposition 98 passed in 1988 and established minimum funding for kindergarten through community college districts based on a set percentage of state revenue. As the state revenue increases, money into school coffers increases. This increase shows in the governor’s proposed state budget for 2015-16 as a $65.7 billion guarantee to California schools, an increase of $2.5 billion or 4.1 percent.

via School district schedules special meet for budget priorities Daily Republic.

Comments are closed.