By Richard Bammer
Travis Unified leaders heard a sobering account Tuesday of how Gov. Jerry Brown’s latest state budget may affect the Fairfield school district, with a finance official pointing out several caution-worthy variables, including inflation, capital gains, and per-pupil funding.
But perhaps most significantly for the district’s bottom line in the coming years are employee pension costs, said Ken Forrest, chief business officer for the 5,100-student district.
Like other California districts, Travis faces increased employee and employer contributions to the state teachers (CalSTRS) and state employee (CalPERS) retirement systems.