Vacaville Unified to submit ‘positive budget certification’ – The Reporter

By Richard Bammer

In his first major presentation to Vacaville Unified leaders, Deo Persaud, the district’s newly named chief business officer, told trustees that he plans to file a “positive budget certification” with the Solano County Office of Education, signifying that the district will be able to pay its bills for the current and next two fiscal years.

While the district has regularly filed such reports for the past several or more years, they are regarded as affirmations of general fiscal health, if not prudent money management, in education circles.

During his remarks and slide presentation Thursday night in the Educational Services Center, Persaud noted major changes since the first interim 2015-16 budget report in December, newly projected revenues and expenses, the ending fund balance, and multiyear projections.

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