Governor’s May revise budget a boon for Travis USD – The Reporter

By Richard Bammer

As it has for 1,000 other California school districts, Gov. Jerry Brown’s May revise state budget amounts to a considerable boost for Travis Unified’s 2015-16 budget.

During a regular trustees meeting Tuesday, Ken Forrest, the district’s chief business officer, told the five-member governing board that the $5 billion in additional revenues augments the district’s bottom line to $57.7 million, with a $12 million ending balance, including $4 million in a prudent reserve.

The board on June 16 will return to its regular meeting room on De Ronde Drive in Fairfield to approve the budget, in order to meet a June 30 deadline imposed by the County Office of Education, which will, in turn, submit it to the state for approval.

Still, Forrest, in a 20-minute slide presentation, suggested that budget numbers may change yet again, depending on the outcome of continued wrangling over the budget in the state Legislature. Lawmakers must approve the budget by June 30, and Brown has 15 days to sign it once it reaches his desk.

via Governor’s May revise budget a boon for Travis Unified School District.

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